Energy

UN-backed report warns world's biggest oil and gas producing nations are on course to overshoot global Paris Agreement climate thresholds as they continue to pursue plans to expand production

Speech confirms plans for annual oil and gas licensing rounds, as government also promises action to boost renewables investment, accelerate clean energy grid connections, and deliver new self-driving vehicles

Partnership with ULC-Energy and Topsoe to explore the potential for zero emission hydrogen production using power from small modular reactors

New analysis from the Association of British Insurers warns UK faces £615bn funding challenge to meet requirements for energy, transport, and housing infrastructure through to 2030 - having secured a little over half the £1.3tr needed

National Grid moves capacity equivalent to six Hinkley Point C nuclear power stations up connections queue, promising major boost to energy storage developers

Company expected to secure £500m support package to help curb emissions, but trade unions warn move could put 2,000 jobs at risk

Proposed net zero 'tests' for future licensing rounds branded as 'beyond disingenuous' by climate campaigners

Governments pledge to work closer together on offshore wind, carbon capture, electricity interconnectors, and industrial, heat and buildings decarbonisation projects

Plus: Panama Canal drought worsens and President Biden greenlights largest US offshore wind farm in our round up of all the top green business news from around the world this week

Sheaf Energy Park expected to be one of the UK's largest battery storage schemes once completed