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Energy
Crypto spend on election hits $190 million, led by Winklevoss twins
Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co., on stage at the Bitcoin 2021 Convention, a cryptocurrency conference held at the Mana Convention Center in Wynwood in Miami, Florida, on June 4,…
National Grid agrees £630m sale of ESO to UK Government
National Grid has announced it has reached an agreement with HM Government to sell its Electricity System Operator (ESO) for £630 million.The final cash amount will be adjusted for standard closing items, including timing…
Bitcoin network hits record hash rate, profits falling for miners
A bitcoin sign is seen in the main hall during the Bitcoin 2024 conference at Music City Center July 26, 2024 in Nashville, Tennessee.Jon Cherry | Getty ImagesIt was a week of extremes for bitcoin enthusiasts. On the plus side, the…
Customers to win cash with new solar and EV battery trial
A new trial aims to help solar panel owners save money and cut carbon emissions by using their electric vehicle (EV) batteries as storage.EDF is testing this approach, which lets users store extra solar power in their EV batteries.The…
WTI rises as Francine disrupts supplies
Satellite image of Hurricane Francine on Sept. 11, 2024.NOAA GOES EASTU.S. crude oil jumped more than 2% to close above $68 per barrel on Thursday after Hurricane Francine churned through the Gulf of Mexico, disrupting oil production…
Flagship Energy’s Tejal Shah Energy Markets Update – 11th September 2024
1) What’s happening in the markets and why?The UK and European gas markets gained a little towards the end of last week, following a mostly bearish week. This week opened higher amid cooler temperatures, ongoing Norwegian…
Oil prices close at lowest since December 2021
Crude oil futures on Tuesday closed at the lowest level since December 2021, as the market sell-off gained speed after OPEC lowered its demand forecast for the second time in two months."Crude Oil demand destruction one two punch from…
UK water firms compete for millions in innovation race
Ofwat, the water regulator for England and Wales, is offering up to £40 million for innovative projects in its fifth Water Breakthrough Challenge.The funding will support collaborative projects led by water companies that aim to address…
We’re adding to a hard-hit stock that should see relief from rate cuts and
We are buying 200 shares of Nextracker at roughly $34.20 Following the trade, Jim Cramer's Charitable Trust will own 1,150 shares of NXT, increasing its weighting to 1.2% from 1%. We're making one small buy on Friday because the market…
Ofgem hands out £84m to boost UK’s net zero
Ofgem has approved funding for 12 new projects under the Strategic Innovation Fund (SIF), allocating £84 million to advance projects designed to help the UK achieve net zero.This funding, provided in partnership with Innovate UK, is…