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Energy

Gateshead energy app firm equiwatt raises £700,000 for new platform
Deals
The firm's energy management app rewards consumers for switching off appliances at peak time
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Wood Group shares soar more than 13% after £242m Sidara bid
By City AM
The stock had been hammered in the early part of the year after a review by Deloitte found "material weaknesses and failures" across Wood's business, while the company has delayed the publication of its 2024 results
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Parliament recalled to debate emergency measures to save Scunthorpe Steelworks
Industrial
MPs and Lords will return on Saturday amid efforts to keep the British Steel facility open
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Plans for hydrogen firm Lhyfe's Wallsend factory move closer to fruition
Energy
The French firms says its Tyneside scheme is among its most advanced
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Efforts to boost North East-built offshore wind supply chain with grant funding
Energy
An extension to the Technology, Innovation and Green Growth for Offshore Renewables (TIGGOR) programme is being targeted at firms in Newcastle, North Tyneside and Northumberland
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North East and Yorkshire projects shortlisted in Government hydrogen power scheme
Energy
Three projects on Teesside, one in Wallsend near Newcastle, and one on the Yorkshire coast are part of the second Hydrogen Allocation Round
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The Crown Estate in new round of £50m fund to bolster º£½ÇÊÓƵ's offshore windfarm supply chain
Energy
It is also expected to shortly provide an update on the bidding process for three huge floating offshore wind schemes in the Celtic Sea
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Northumbrian Water reveals project to turn poo into sustainable aircraft fuel
Climate Agenda
The water company plans to use its Bran Sands Treatment Works site for the innovative project
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Fears for Scunthorpe steelworks jobs as consultation launched on closure
Yorkshire & Humber
The British Steel site employs thousands of workers and its closure would mark the end of virgin steelmaking in the º£½ÇÊÓƵ
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Drax makes bid for battery energy investor HEIT, valuing it at £200m
Deals
The move follows an offer from Foresight last week
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British Gas owner Centrica slashes CEO Chris O'Shea's pay in half
By City AM
Chris O'Shea, CEO of the British Gas owner, saw his annual pay packet slashed by almost half to £4.3m for the 12 months to 31 December, the company's annual report showed
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Work on £1m Falmouth floating offshore wind facility 'well under way'
South West
The project has been described as 'vital infrastructure investment' for Cornwall
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South West bucks º£½ÇÊÓƵ manufacturing decline as aerospace and defence firms report 'strong' start to 2025
South West
Companies across the region are looking to hire more people as a result of the growth
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Siemens Energy boss tells MPs we must 'stick with the plan' on º£½ÇÊÓƵ's transition to clean energy
Energy
Darren Davidson, who is Newcastle born and started his career in the city as an apprentice, highlighted the success of the firm's Hull wind turbine blade factory
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Northumberland's Energy Central Campus signs up JDR Cables as key supporter
Skills and Apprenticeships
The project in Blyth is aiming to help create the next generation of workers for the North East's offshore sector
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Profits fall at Drax as it warns lack of certainty is holding back clean power
Climate Agenda
The renewable power generator says it is still waiting on clarity from Government to pursue massive carbon capture plan in North Yorkshire
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National Grid to sell US renewables business for £1.4bn as it continues to slim down
By City AM
The º£½ÇÊÓƵ's energy operator said the deal would be an 'important step' in its plans to slim down the business, having already sold its ESO and National Gas businesses last year.
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Major battery skills academy launched in Durham to train gigafactory workers
Skills and Apprenticeships
The National Battery Training & Skills Academy has been launched at New College Durham and will initially support AESC at its North East plants
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Atlantic SuperConnection link near Hull increased to support 2 million homes
Energy
The uprating is said to have been made possible by National Grid's commitment to investing in energy infrastructure, including the proposed Birkhill Wood substation
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Plans for small modular reactor nuclear plant in South Wales take step forward
Energy
US firm Last Energy has now entered a licensing process for its four small modular reactor project in the Llynfi Valley with regulator the Office for Nuclear Regulation
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Work to start on major solar farm in Pembrokeshire following new ownership deal
Enterprise
The project for 14,000 solar panels has been acquired by Shawton Energy
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º£½ÇÊÓƵ's largest lithium extraction facility to be built in County Durham
Climate Agenda
The Weardale Lithium project will create between 20 and 50 jobs and aims to produce battery-grade lithium carbonate from geothermal groundwaters
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North East's significant hydrogen industry potential laid out in new report
Climate Agenda
A paper from the North East Chamber of Commerce also talks about challenges such as lack of skills and infrastructure
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OnPath Energy acquires wind farms in first deal since being formed
Energy
The Sunderland-based renewable energy firm has bought wind farms in Scotland and Buckinghamshire
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