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Energy
Waste tyres turned into jet fuel
A game-changing £100 million plant that turns waste tyres into sustainable aviation fuel (SAF) is now under construction at the Port of Sunderland.Wastefront’s facility is the UK’s first large-scale tyre-to-fuel operation, tackling tyre…
Trump tariffs will raise gasoline, electricity prices: Canada minister
President Donald Trump's tariffs on Canada will raise energy prices for U.S. consumers if the levies go into effect on Tuesday as expected, the country's energy minister said Monday.Jonathan Wilkinson, Canada's minister of energy and…
Gas is driving energy bills up, renewables are lowering them
The numbers don’t lie—gas is the main reason energy bills have skyrocketed over the last four years.That’s the view from the Energy and Climate Intelligence Unit (ECIU), who have worked out that gas price spikes will have added a…
Block plunge in February leads fintech sell-off, Stripe valuation jumps
Patrick Collison, chief executive officer and co-founder of Stripe Inc., left, smiles as John Collison, president and co-founder of Stripe Inc., speaks during a Bloomberg Studio 1.0 television interview in San Francisco, California,…
SSE to put £70 million into repower hydro power station
SSE Renewables has announced a £70 million investment to repower Lochay Hydro Power Station in Perthshire, extending its operational life by at least 40 years.The refurbishment will modernise the 45MW plant with efficient turbine…
Palisades nuclear plant agrees to build small modular reactors in Michigan
The Palisades nuclear generating station in Covert Township, Michigan.John Madill | The Herald-Palladium | APCOVERT, Mich. — A closed nuclear plant on the shores of Lake Michigan is aiming to construct the first small modular reactor in…
Breaking Barriers to NetZero: How the Renewable Rewards Fund is
The transition to a low-carbon economy has never been more critical, yet many businesses still struggle to take the first step. With rising energy costs, evolving regulations, and the need to future-proof operations, sustainability can…
We’re raising our Coterra Energy price target after a solid quarter, slight
Coterra Energy shares dropped 3% on Tuesday despite the oil and natural gas producer delivering better-than-expected fourth-quarter earnings late Monday. Capital efficiency was a highlight with output levels above management's outlook…
Canada Nickel secures CAD$3.4m to advance carbon storage technology
Canada Nickel Company has secured CAD$3.4 million (£1.9m) of government funding to advance its carbon storage technology.Its proprietary In-Process Tailings (IPT) Carbonation process, at the pilot plant level, transforms nickel mining…
Westinghouse sees path to building big nuclear reactors more cheaply
Cooling towers and reactors 3 and 4 are seen at the nuclear-powered Vogtle Electric Generating Plant in Waynesboro, Georgia, U.S. Aug. 13, 2024. Megan Varner | ReutersExpanding two power plants in Georgia and South Carolina with big, new…