Endesa to invest $3.4bn to increase renewable energy capacity
Like its parent company Enel, Endesa plans to reach net-zero carbon emissions by 2040.
Utilities
UK energy crisis: Bulb bankruptcy costs UK £1.7bn
The UK Government has pledged up to £1.7bn ($2.3bn) to continue operations of bankrupted utility...
UK energy crisis: Bulb Energy collapse leaves 1.7 million without supplier
UK utility Bulb Energy will enter "special administration" receiving government support while restructuring to survive...
Israel and Jordan to sign energy and water pact
The US- and UAE-mediated agreement is expected to boost both countries’ climate actions.
As it happens: the UK gas price and petrol crisis
UK utilities have reached breaking point as consistent rises in the wholesale price of gas...
Liberty to acquire American Electric Power’s Kentucky operations
Liberty will acquire all the stock of Kentucky Power and AEP Kentucky Transco on completion of the transaction.
As it happens: the global energy crisis
The world is facing an energy crisis, as wholesale gas prices rocket and countries struggle to recover from shortages post-pandemic.
UK Government discusses loans for struggling utilities and businesses
The UK Government’s business minister has asked the country’s treasury to prepare support for struggling energy firms.
Uniper to restructure engineering business to focus on renewables
Uniper plans to end its conventional services business and sell its individual business activities.
UK gas price crisis: the consumer price comparisons with nothing to compare
While UK energy utilities near breaking point over the price of wholesale gas, the next phase of the crisis will hit consumers.
UK’s “unavoidable loss” gas prices pushes smaller utilities to ruin
The UK’s wholesale gas price hike has caused the bankruptcy of two more small utilities, bringing the total to six, with more than 1.5 million customers affected.
