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...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
...Yet the UK engineering group must endure more lengthy approval processes in other countries where it wants to build its nuclear power unit....
...Their number has grown rapidly in recent years in Britain as renewable power production has increased, with about 130 sites providing 4GW of total capacity, according to industry group Regen....
...familiar with the case said the charges were not related to a recent investigation by The Guardian newspaper, which alleged cyber security failings, including that Sellafield’s IT systems had been hacked by groups...
...Richard Crawford, head of energy income funds at Infrared Capital Partners, which advises the London-listed The Renewables Infrastructure Group, said: “I think it’s fair to say that [renewable] investment...
...Dan McGrail, chief executive of RenewableUK, the trade group that developed the plan with government representatives, said an investment of about £2.8bn in these areas could yield about £25bn in “gross value...
...“The best way to reduce build costs is to replicate and, crucially, achieve design maturity before construction,” says Tom Greatrex, chief executive of UK lobby group the Nuclear Industry Association....
...The chief executive of Ithaca Energy has quit the North Sea oil and gas producer, exiting as the group tries to rebound from a lacklustre first year as a public company....
...Adam Berman, deputy director at trade group Energy UK, echoed the concerns....
...He left Enviva’s board in November and Inclusive has sold most of its stake in the group. Environmentalists have questioned the green attributes of wood pellets....
...“An awful lot of good, detailed work has been done on the business models and legislation to get to where we are,” says Ruth Herbert, chief executive of the Carbon Capture and Storage Association trade group...
...Russell Dean, residential group product director at rival heat pumpmaker Mitsubishi Electric, echoed Hansen that a consistent message was needed. “Certainty allows us to invest at the right speed . . ....
Businessman says he wants to devote much of rest of career to climate change
...Stuart Jackson, the company’s finance chief, said the group was “financially robust” and could “continue to invest in lower prices, international growth, and critical innovation”....
...Emma Pinchbeck, chief executive of trade group Energy UK, said the government had “listened to the energy industry” and welcomed the boost to the renewables budget, which sent an “important signal” to investors...
...As the group, which is 50.1 per cent owned by the Danish government, tries to stabilise itself, chair Thomas Thune Andersen will step down after almost a decade in the job....
...production.The low prices are “really concerning” as the emissions trading scheme “is probably the UK’s primary decarbonisation mechanism”, said Adam Berman, deputy policy director at energy industry trade group...
...The group recorded DKr28.4bn ($4bn) of impairments in November after saying it was stopping work on two projects off the New Jersey coast of the US....
...The Japanese industrial group eventually wrote off £2.1bn on the project. It also stopped work at a second site in Oldbury, South Gloucestershire....
...National Grid paid £7.8bn in 2021 to buy Western Power Distribution, a regional group, from US company PPL....
Government has failed to evaluate industry carbon footprint claims, says NAO
...The Australian group is the largest infrastructure investor in the UK but has attracted some controversy particularly over its involvement in English water companies....
...Offshore Energies UK, the trade group, warned that it could trigger an immediate halt to new investment in oil and gas projects, costing a potential 42,000 jobs by the end of the decade....
...Ember, a non-profit group, has calculated Drax was paid £885mn in 2021 and £617mn in 2022 under these schemes....
...Some gas groups have already acknowledged the likely hit to their businesses....
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