The price of energy for a typical household that uses gas and electricity and pay by Direct Debit will go up by £94 after Ofgem announced it will increase the price cap by 5% on the previous quarter from 1 January 2024.
There is substantial growth potential for financing climate-friendly heating and energy efficiency improvements in Scotland’s homes, according to a new report published today.
Aberdeen-based OEG Energy Group Limited has enhanced its capabilities in the subsea and inspection realms with the acquisition of Bluestream Offshore B.V, a Dutch company specialising in subsea and topside services, for an undisclosed sum.
Aberdeenshire-headquartered integrated services provider AquaTerra Group has undergone a management buyout spearheaded by managing director Stephen Taylor for a seven-figure sum.
RES has submitted a Section 36 application for consent to the Scottish Government for a 19-turbine wind farm and energy storage proposal located approximately 9km north of Lauder in the Scottish Borders.
The UK Government has raised the maximum price offshore wind and other renewables projects can receive in the next Contracts for Difference (CfD) auction, improving the chances for new agreements after this year’s auction saw no new projects brought forward.
SSE plc has published details of its 2023/24 interim results and announced a £2.5 billion increase to its existing five-year investment programme, expecting £20.5bn of investment to 2027 compared to £18bn previously.
The creation of a £1.3 billion well-connected, sustainable new coastal town at Granton Waterfront in Edinburgh has reached yet another major milestone.
Scottish wave energy firm Mocean Energy has secured a total of £2.7 million through equity and grants to advance the commercialisation of its innovative wave energy converters.
Aberdeen-based energy and engineering services firm Wood Group has reinforced its annual financial projections following a lucrative third quarter, which saw several substantial contract gains.
The West of Orkney Windfarm has submitted an onshore planning application to The Highland Council for onshore works required to deliver renewable energy to homes and businesses across the country.
Rising demand for renewable energy has seen the Edinburgh Boiler Company (EBC) expand with the creation of a dedicated air source heat pump division which is set to create up to 15 jobs in the coming year.