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Reuters - 5 araw ang nakaraan

UK budget winners and losers: the pound, gilts and stocks

GRAPHIC-UK budget winners and losers: the pound, gilts and stocks By Lucy Raitano and Samuel Indyk LONDON, March 15 (Reuters) - Finance minister Jeremy Hunt presented less gloomy forecasts for Britain's economy at his Spring Budget on Wednesday. Upgraded official forecasts showed Britain, the only one of the G7 group of large economies not to recover to its pre-pandemic size, would now avoid a recession this year.
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Reuters - 5 araw ang nakaraan

SSE's Keadby 2 gas plant in Britain starts commerical operations

SSE's Keadby 2 gas plant in Britain starts commerical operations LONDON, March 15 (Reuters) - SSE's SSE.L Keadby 2 gas-fired power plant in Britain has started commercial operations after four and a half years of construction, the company said on Wednesday. The 893 megawatt plant in North Lincolnshire, part of the Yorkshire and Humber region, has effiency of about 63%, making it the most efficient plant of its type in Britain and Europe, SSE said.
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Reuters - 5 araw ang nakaraan

Britain extends household energy support scheme to June

UPDATE 2-Britain extends household energy support scheme to June Adds details on the cost of the scheme, prepayment meters LONDON, March 15 (Reuters) - Britain extended its support for household energy bills by three months to the end of June, the government said on Wednesday, a measure that should help to contain rising living costs. In a statement hours before finance minister Jeremy Hunt is due to announce the government's budget, he said Britain would maintain a price guarantee that will kee
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Reuters - 5 araw ang nakaraan

Britain extends household energy support scheme to June

Britain extends household energy support scheme to June LONDON, March 15 (Reuters) - Britain extended its support for household energy prices by three months to the end of June, keeping in place a price cap that will see average annual bills stay at 2,500 pounds ($3,039). ($1 = 0.8226 pounds) Reporting by William James, writing by Sarah Young
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Reuters - 2 linggo ang nakaraan

Carbon capture and storage projects across Europe

FACTBOX-Carbon capture and storage projects across Europe Updates throughout with newest developments March 7 (Reuters) - Efforts to remove carbon dioxide (CO2) emissions from industry and store them underground storage have gained steam across Europe over the past few years as countries seek to meet their climate goals. The interest in carbon capture and storage (CCS) technology has been also driven by rising EU carbon permit costs which hit a record hit a record of 100 euros per tonne in Febru
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Reuters - 4 linggo ang nakaraan

UK's 2026/27 electricity capacity auction clears at 63 pounds/kW/yr

UPDATE 2-UK's 2026/27 electricity capacity auction clears at 63 pounds/kW/yr Adds details about companies that secured contracts Feb 21 (Reuters) - Britain's auction to ensure enough electricity capacity for 2026/27 has cleared at 63 pounds per kilowatt (kW) per year, National Grid said on Tuesday. A total quantity of 43 gigawatts (GW) of capacity was procured, a provisional auction document showed.
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Reuters - 1 buwan ang nakaraan

UK power capacity auction prices fall from record

UPDATE 2-UK power capacity auction prices fall from record Adds details of contracts Feb 14 (Reuters) - Britain's auction to ensure sufficient electricity capacity for 2023/24 cleared at 60 pounds ($73.07) per kilowatt (kW) per year on Tuesday, National Grid said, down from last year's record high of 75 pounds/kWh/year. A total of 5.78 gigawatts (GW) of capacity was procured, the National Grid said in a provisional auction document.
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Reuters - 1 buwan ang nakaraan

EverWind gets approval for North America's first green hydrogen facility

EverWind gets approval for North America's first green hydrogen facility By David French Feb 7 (Reuters) - EverWind Fuels, a company founded by private equity veteran Trent Vichie, told Reuters it became the first green hydrogen producer in North America to secure the necessary permits for a commercial-scale facility on Tuesday. Provincial authorities in Canada granted environmental approval for EverWind to begin converting a former oil storage facility and marine terminal at Point Tupper in Nov
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Reuters - 1 buwan ang nakaraan

Equinor, SSE look to expand offshore Dogger Bank Wind Farm

Equinor, SSE look to expand offshore Dogger Bank Wind Farm OSLO, Feb 6 (Reuters) - Norway's Equinor EQNR.OL and British SSE Renewables SSE.L are looking into the option of expanding their Dogger Bank Wind Farm offshore project in Britain by 1.32 gigawatt (GW), the two companies said on Monday. The firms said they were considering either supplying power from the fourth phase to the grid, or using it as a dedicated source for hydrogen production.
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Reuters - 2 buwan ang nakaraan

Orsted increasingly merits its investor blowback

BREAKINGVIEWS-Orsted increasingly merits its investor blowback The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Updates to add graphic. By George Hay LONDON, Jan 20 (Reuters Breakingviews) - Orsted ORSTED.CO must be pining for 2021. Two years ago, the Danish wind power group’s market capitalisation exceeded 560 billion Danish crowns ($81 billion).
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Reuters - 2 buwan ang nakaraan

London stocks post first weekly decline of the year

UPDATE 2-London stocks post first weekly decline of the year For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Retailers shine despite fall in Dec retail sales Asos, Boohoo jump as BofA turns a buyer Power firm SSE up on strong forecast FTSE 100 up 0.3%, FTSE 250 adds 0.7% Updates to market close By Johann M Cherian and Shashwat Chauhan Jan 20 (Reuters) - The UK's main stock indexes rose on Friday but marked their first weekly losses of th
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Reuters - 2 buwan ang nakaraan

UK Stocks-Factors to watch on Jan 20

UPDATE 1-UK Stocks-Factors to watch on Jan 20 Adds items; updates futures Jan 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher, with futures FFIc1 up 0 .58% on Friday. * STRIKE: British labour union Unite said ambulance workers will stage 10 more strikes in the coming weeks as an ongoing dispute over pay intensified. * SSE: SSE SSE.L raised its annual earnings forecast, helped by strong market conditions amid a surge in energy prices.
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Reuters - 2 buwan ang nakaraan

UK power firm SSE ups profit outlook on strong market conditions

UPDATE 1-UK power firm SSE ups profit outlook on strong market conditions Adds details on dividend, background Jan 20 (Reuters) - British power firm SSE Plc SSE.L on Friday raised its annual earnings forecast helped by strong market conditions, and said it would invest any additional profit it makes into low-carbon electricity infrastructure. The company said it now expects adjusted earnings per share of more than 150 pence for fiscal year 2023 ending March 31, up from the previous outlook of at
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Reuters - 2 buwan ang nakaraan

Britain's SSE lifts annual earnings forecast on strong market conditions

Britain's SSE lifts annual earnings forecast on strong market conditions Jan 20 (Reuters) - British power generator and network operator SSE Plc SSE.L on Friday raised its annual earnings forecast, helped by strong market conditions amid a surge in energy prices. The company said it now expects adjusted earnings per share of more than 150 pence for fiscal year 2023, up from the previous outlook of at least 120 pence.
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Reuters - 2 buwan ang nakaraan

SSE Raises 2022/23 Adjusted EPS Expectations To More Than 150p

BRIEF-SSE Raises 2022/23 Adjusted EPS Expectations To More Than 150p Jan 20 (Reuters) - SSE PLC SSE.L : SSE - 2022/23 ADJUSTED EARNINGS PER SHARE EXPECTATIONS UPDATED TO MORE THAN 150 PENCE SSE - SSE REMAINS ON COURSE TO DELIVER RECORD INVESTMENT IN EXCESS OF £2.5BN THIS YEAR SSE - SSE INTENDS TO RECOMMEND A FULL-YEAR DIVIDEND OF 85.7P PER SHARE P
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Reuters - 3 buwan ang nakaraan

British Business - Dec 19

Dec 18 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times A trade union representing 23,000 Lloyds Banking Group LLOY.L staff has called for a robust investigation into the disclosure of confidential information about the bank by the partner of its head of group pensions.
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Reuters - 4 buwan ang nakaraan

Britain targets energy efficiency with consumption cut goal

By Sarah Young LONDON, Nov 17 (Reuters) - Finance minister Jeremy Hunt said he wanted Britain to cut its energy usage by 15% by 2030 to help reduce bills, catching up with European neighbours which are already prioritising measures to counter spiralling prices. Countries across Europe are facing an energy crisis after Russia's war in Ukraine caused prices to rise.
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Reuters - 4 buwan ang nakaraan

UK's Hunt says average household energy bill to rise, keeps cap

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said the cost of an average household energy bill would rise to 3,000 pounds ($3,555) a year from April after he reined in the scale of support for gas and electricity, but kept a price cap until 2024. Hunt had said in October the government could no longer deliver a two-year energy support scheme for households that had been promised by previous leader Liz Truss which would have kept annual bills at around 2,500 pounds.
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Reuters - 4 buwan ang nakaraan

UK's Hunt says average household energy bill to rise, keeps cap

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said the cost of an average household energy bill would rise to 3,000 pounds ($3,554.70) a year from April after he reined in his predecessor's vast support package for gas and electricity bills. "From April, we will continue the Energy Price Guarantee for a further 12 months at a higher level of 3,000 pounds per year for the average household," Hunt told parliament on Thursday.
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Reuters - 4 buwan ang nakaraan

Britain's Hunt sets out plans to reduce energy consumption by 15% by 2030

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt on Thursday said he wanted the country to become more energy efficient, outlining a new goal to reduce energy consumption by 15% over the next eight years to save money. "By 2030, we want to reduce energy consumption from buildings and industry by 15%," Hunt said. "Reducing demand by this much means, in today’s prices, a 28 billion pound saving from our national energy bill or 450 pounds off the average household bill." The govern
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