Energy bills for households and businesses are facing upwards pressure from a surge in wholesale natural gas costs, according to market experts. Both day-ahead and month-ahead contracts rose further on Monday as high demand and supply disruption in the storm-hit United States take their toll on prices across Europe – crucial not just for gas
Ireland has signed up to a pan-European pact aimed at turning the North Sea into the world’s largest reservoir of clean, green energy. Minister for Energy Darragh O’Brien, signed a declaration in Hamburg, Germany, following a high-level gathering on boosting co-operation and planning for offshore wind energy infrastructure. He said Ireland was well located to
Schneider Electric, a French energy-technology firm, unveiled new AI-enabled solutions at the World Economic Forum in Davos last week. The company, led by Chief Executive Olivier Blum, argued that artificial intelligence is key to improving energy efficiency and advancing digital transformation across industries. The 56th annual meeting, held from 19 to 23 January, underscored the
UNION bosses and energy chiefs have turned on Ed Miliband and told him to get drilling in the North Sea to save thousands of jobs. The two sides are uniting to warn that a refusal to grant new oil and gas licences could mean a demise in the same way as the coal industry. Sign
Bad weather and geopolitical turmoil have boosted the energy sector to the top of the stock market leaderboard in 2026, and there could be stronger gains to come. The S&P 500 energy sector is up more than 10% in 2026, handily outpacing the 1% gain in the broader index. Temperatures have plummeted across the US,
In the global race to decarbonize energy systems, attention tends to focus on the headline technologies like hydrogen, carbon capture, electric vehicles, and massive lithium-ion batteries. Yet behind the scenes, a quieter revolution is taking shape. Across Europe and beyond, heat batteries, or thermal energy storage systems, are emerging as one of the most efficient,
Wind has powered human activity for thousands of years. From putting wind in our sails to turning mills and pumps, people have recognised the value of this unlimited resource for a long time. Today, wind energy summons images of sleek, modern turbines, but did you know that versions of them have been around for over
Sustainability beyond the headlines According to Colm Devine, Global Vice Chair for Sustainability at EY, the summit’s significance extended far beyond headline-grabbing speeches. “Davos will be remembered more for the geopolitics than anything else,” he reflects. “But with issues of resilience, competitiveness, natural resources and collaboration fundamental to boardroom decision making, are CEOs hearing the environmental
The German chancellor, Friedrich Merz, has said he wants the North Sea to become the “largest reservoir of clean energy worldwide”, as he announced plans to accelerate efforts to link up offshore wind power projects with Europe. The UK and nine other European countries have agreed to accelerate the rollout of offshore windfarms in the
News26.01.2611.15 AM by Ellie Brown Nearly 100 social landlords are in talks with Octopus Energy about a zero-bills tariff set up for affordable housing providers, Inside Housing can reveal. A zero-bills home from Sovereign Network Group and Octopus Energy (picture: Octopus Energy) Sharelines Nearly 100 landlords in talks with energy provider about zero-bills tariff #UKhousing Nearly