As UK electricity prices skyrocketed last year, Drax Group Plc was in a position to blunt Britain’s pain. Since December 2016, a generator at the firm’s giant power plant had received £1.4 billion ($1 ...
ENGIE SA said Wednesday it has entered into an agreement to buy UK Power Networks (UKPN) at an equity value of GBP 10.5 billion ($14.2 billion), part of the French multinational utility's efforts to ...
Natural gas-fired generation continues to provide much of the electricity in the UK, but renewable power in total at times has taken the lead spot in the country’s generation mix over the past several ...
UK power grid provider National Grid has commenced work at its new Uxbridge Moor substation in Buckinghamshire, which is expected to supply electricity to more than 12 new data centers. The substation ...
A roadmap released by the UK government on Jan. 11 aimed at quadrupling the country’s nuclear power capacity by 2050 sets out a series of goals and actions that could enable the delivery of 3 GW to 7 ...
A consortium comprising CK Infrastructure Holdings, CK Asset Holdings and Power Assets Holdings has agreed to sell all of its interest in UK Power Networks to French multinational electric utility ...
The UK approved more early construction funding for power-grid projects, as part of efforts to boost renewables generation ...
Almost two-thirds of the projects that are meant to connect to Britain’s energy grid by 2027 risk being delayed, including renewable energy generation projects. But regulator Ofgem will keep pushing ...
The UK could need up to $63 billion of investment in the power distribution network nationally to support additional demand and generation through 2050, double the current pace of additional ...