UK Archives - Energy News Beat

Net Zero has hit the Bank of England, and they cut all support for coal. But the rest of the world increases use of coal and low-cost energy.

August 3, 2026 Clark Savage23

The Bank of England is moving further away from thermal coal. From October 2026, it will no longer accept bonds issued by companies deriving revenue from thermal coal mining as eligible collateral in its lending operations. Commercial banks borrowing from the Bank (including major UK institutions) will not be able to post those bonds. The […]

The Tale of Two UK Oil Companies – how will they end up?

July 31, 2026 Clark Savage33

“The Tale of Two UK Oil Companies” could be the title of an old book, movie, or play. But sadly, it is a real-life story of how a once great country is imposing a self-imposed death spiral of deindustrialization and financial collapse. The very same death spiral the Blue / Net Zero crowd in the […]

Leaked UK Grid Report Warns Net Zero Push Raises Blackout Risks

July 28, 2026 Clark Savage39

A leaked report commissioned by the UK’s National Energy System Operator (Neso) has raised serious alarms that the country’s aggressive net zero transition is increasing the risk of blackouts while driving up electricity costs for consumers. Produced by energy consultancy Cornwall Insight and shared with The Times by a whistleblower, the document highlights how the […]

New UK Prime Minister Set to Back North Sea Oil and Gas Projects

July 20, 2026July 20, 2026 Clark Savage102

Incoming UK Prime Minister Andy Burnham is preparing to back increased North Sea oil and gas activity, including potential approvals for the Jackdaw gas field and Rosebank oil field, as part of an early policy push focused on energy security, jobs, and economic growth. Burnham, who formally took office today after succeeding Keir Starmer, has […]

Ed Miliband Vetos Plan to Boost Oil Output for Defense Fund

June 25, 2026 Clark Savage52

In a decision that highlights his uncompromising stance against domestic fossil fuel expansion, UK Energy Secretary Ed Miliband reportedly vetoed a Treasury-backed proposal to increase North Sea oil and gas drilling. The plan was designed to generate additional tax revenues to help fund the Ministry of Defense’s urgent need for an extra £18 billion ($24 […]

Net Zero, Wind and Solar: A More Expensive Combination for European and U.S. Grids

May 22, 2026 Clark Savage81

Lars Schernikau, Author and prior guest on the Energy News Beat nails it. Europe’s electricity grid may be the most complex machine humanity has ever built. Yet energy debates too often reduce the conversation to installed capacity, solar additions, or wind megawatts. This narrow focus misses the real engineering and economic reality. Europe’s electricity grid […]

UK to Allow Imports of Diesel, Jet Fuel Refined from Russian Oil Amid Iran War Supply Crunch – Will Natural Gas Be Next?

May 19, 2026 Clark Savage155

Energy News Beat Channel | May 19, 2026 The UK government has taken a pragmatic step that highlights the tension between sanctions policy and energy reality. On May 19, 2026, it published a general trade license (effective May 20) authorizing imports of diesel and jet fuel refined in third countries from Russian-origin crude. This is […]

UK Moves to Ban New North Sea Oil and Gas Licenses Permanently – UK Deindustrialization and further fiscal failure on the horizen

May 16, 2026 Clark Savage235

The UK government has confirmed it will introduce legislation to permanently ban new North Sea oil and gas exploration licenses, embedding Energy Secretary Ed Miliband’s existing moratorium into law through the Energy Independence Bill. The move, announced in the King’s Speech on 13 May 2026, fulfills a core Labour Party manifesto pledge to position Britain […]

BP to Sell Stakes in UK Carbon Capture Projects, Getting Back to Basics

May 8, 2026May 9, 2026 Clark Savage116

In a move signaling a renewed focus on its core oil and gas operations, BP announced on May 7, 2026, that it plans to sell portions of its equity stakes in two flagship UK carbon capture and storage (CCS) projects in Northern England. The decision comes as both projects—Net Zero Teesside (NZT) Power and the […]

Ed Miliband Fights Releasing Document Showing Net Zero Will Raise Bills, Benefit Wind Giants

May 5, 2026 Clark Savage97

UK Energy Secretary Ed Miliband is under fire for blocking the release of a key government document that critics say would expose how Labour’s net zero policies are set to drive up household electricity bills while protecting profits for offshore wind developers. The controversy centers on Miliband’s decision last year to scrap proposals for zonal (or […]

Category: UK

Net Zero has hit the Bank of England, and they cut all support for coal. But the rest of the world increases use of coal and low-cost energy.

The Tale of Two UK Oil Companies – how will they end up?

Leaked UK Grid Report Warns Net Zero Push Raises Blackout Risks

New UK Prime Minister Set to Back North Sea Oil and Gas Projects

Ed Miliband Vetos Plan to Boost Oil Output for Defense Fund

Net Zero, Wind and Solar: A More Expensive Combination for European and U.S. Grids

UK to Allow Imports of Diesel, Jet Fuel Refined from Russian Oil Amid Iran War Supply Crunch – Will Natural Gas Be Next?

UK Moves to Ban New North Sea Oil and Gas Licenses Permanently – UK Deindustrialization and further fiscal failure on the horizen

BP to Sell Stakes in UK Carbon Capture Projects, Getting Back to Basics

Ed Miliband Fights Releasing Document Showing Net Zero Will Raise Bills, Benefit Wind Giants

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