Category : Search result: energy sovereignty


BP writes down green energy by up to $5bn

BP announces a major $5bn writedown on its green energy businesses as it refocuses on oil and gas. Read the full analysis of the strategic shift and its market impact.

Record UK Wind Auction to Power 12 Million Homes

Great Britain's latest renewable energy auction secures record offshore wind capacity, promising £22bn investment, 7,000 jobs, and a path to cheaper, cleaner power by 2030. Discover how it works.

UK's Record Wind Auction Secures Power for 12m Homes

The UK's latest offshore wind auction has secured a record 8.4GW of clean energy, powering over 12m homes. Energy Secretary Ed Miliband hails it as a victory for lower bills and energy sovereignty.

UK awards record offshore wind contracts, prices up 11%

The UK government has awarded contracts for a record 8.4GW of new offshore wind power, a key step towards its 2030 clean energy target. While prices rose, ministers hail a move away from volatile gas. Read the full analysis.

Record UK Offshore Wind Auction Powers 12m Homes

A landmark UK government auction secures contracts for offshore windfarms to power over 12 million homes, marking a major step towards clean energy by 2030 and boosting energy sovereignty.

Australia questions US actions in Venezuela at UN

Australia has formally questioned the US over potential breaches of international law in Venezuela. This bold diplomatic move signals a shift in global alliances and raises critical questions about sovereignty. Read the full analysis.

Energy price cap to fall 8% in April, saving £138

Great Britain's energy price cap is predicted to drop to £1,620 in April, saving typical households £138 annually. The cut follows budget changes shifting costs to general taxation. Read the full analysis.

Annual energy bill to fall by £138 from April

Typical annual energy bills are forecast to fall by 8% to £1,620 in April after government budget changes shift policy costs to general taxation. Read the full analysis.

Octopus Energy's Kraken valued at $8.65bn

Octopus Energy sells a $1bn stake in its software arm Kraken, valuing it at $8.65bn. CEO Greg Jackson hints at a future London stock market flotation for the UK tech success story.

Octopus spins off Kraken after $1bn investment

Octopus Energy Group has spun off its AI platform Kraken following a major $1bn funding round. The move values Kraken at $8.65bn and aims to accelerate global growth. Read the full story.

Octopus Energy Sells Stake in $10bn Kraken Tech Arm

Octopus Energy is set to sell a major stake in its software business Kraken Technologies, valuing it at up to $10bn. D1 Capital Partners and Fidelity are among the investors. Read the full story.

EU Warns of Action After US Travel Bans on Europeans

The European Commission threatens a decisive response after the US imposed visa bans on five Europeans, including a top EU commissioner, accused of pressuring tech firms. Read the latest on the diplomatic clash.

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