Energy

Energy

SSE assures on divi as profits lose their charge

Profits at Perth-based energy giant SSE took a knock last year as it shed 430,000 customers and was stung by charges linked to the merger of its retail arm with rival Npower.

News
Paul Wheelhouse MSP.

Paul Wheelhouse: Leading the way into future of money management

Scotland boasts a proud, world-renowned history of innovation in financial services, dating back centuries; indeed, Scotland can be said to have invented retail banking and ATM technology.

News
The Cromarty Firth has long been used as an anchorage point for oil rigs. Picture: PA

Optimism returns to North Sea energy sector as ‘corner turned’

Optimism is returning to North Sea energy operators, with trends in “upstream” exploration and production activity the highest since 2014, an authoritative report out today shows.

Energy
Verum's Paul Milligan with the firm's accountant, Yoanna Milligan. Picture: Abermedia

Jobs boost on back of tech investment

A Scottish entrepreneur has invested £250,000 in a new cloud-based technology product aimed at helping the oil and gas industry better control costs and quality on projects.

Tech
Callander Community Hydro provides thousands of pounds for the town and local area

Better nature – the community trust doing a power of good for locals

Following the creation of Loch Lomond and the Trossachs National Park in 2002, residents of Callander – the area’s largest town – established the Callander Community Development Trust (CCDT). The objective of the trust was to regenerate the town whilst benefiting the community and region.

Opinion 1
Engie looks to power up in Scotland after key hire

Engie looks to power up in Scotland after key hire

Energy and services firm Engie is gearing up for expansion in Scotland following the appointment of a regional boss for its regeneration business.

News

Revealed: The cheapest places in Scotland to buy petrol

Petrol prices can vary dramatically by up to £14 a tank across Scotland.

News 5
Douglas Martin is the founder and MD of MiAlgae. Picture: Contributed

Edinburgh entrepreneur scoops top accolade and cash

The founder of an Edinburgh-based venture that has developed a product which uses waste from the whisky industry to sustainably farm fish has been crowned 2018 Shell LiveWire Young Entrepreneur of the Year.

News

Npower to hike up energy bill for a million customers

Npower has become the latest firm to ramp up energy bills in a move that will hammer a million people.

News 2
Offshore wind turbines. Picture by Matthias Ibeler

EDF buys controversial off-shore wind farm off Scottish coast

Energy giant EDF has bought an offshore wind project in Scotland in a deal worth around £500 million.

News 8
Hunterston B nuclear power station. Picture: Allan Milligan

Cracks at Scottish nuclear plant will see 40 per cent power cut

The director of a nuclear power plant in Ayrshire which has taken one of its reactors offline after cracks were discovered has admitted its electricity generation could fall by 40 per cent this year.

News 29
Experts are now calling for Holyrood and Westminster to unlock the potential of tidal and wave power. ''Picture: Scottish Renewables

Tidal power boom could create thousands of jobs in Scotland

The marine renewable energy industry could create thousands of jobs across Scotland after a new report found the sector is capable of meeting strict requirements imposed by the UK Government.

Tech 103
The Palace of Art will be turned into a centre of excellence for gymnastics as part of a 1.4 million pound investment in physical activity in Glasgow. Picture: Phil Wilkinson

New £1.4m gymnastics excellence centre to be built in Glasgow

A new climbing wall and children’s soft play area are to be built as part of a £1.4 million investment in physical activity in Glasgow.

News
Jo Dow, chief executive, says the company has been 'very targeted' in its approach to growth. Picture: Greg Macvean

Business Stream on crest of wave in England

Business Stream has secured in excess of £155 million in contract wins in the first 12 months since the English retail water market opened to competition.

News
Ben van Bilderbeek's smart technology has helped Plexus strike new deals and diversify. Picture: VisMedia

The Big Interview: Plexus Holdings boss Ben van Bilderbeek

Ingenuity, like virtue, may be its own reward for some, but for Ben van Bilderbeek the excitement of coming up with innovative ideas isn’t enough.

Energy
The merger between energy giants could lead to higher prices for some households. Picture: John Devlin

Merger of energy giants ‘could lead to increase in bills’

The merger between energy giants Npower and SSE could reduce competition and lead to higher prices for some households, according to Britain’s competition watchdog.

News
Adopting the plug and play concept in oil and gas could significantly reduce the cost of developing marginal fields

Innovation could unlock 3.4bn barrels of oil around the UK

An Aberdeen-based innovation centre is backing four subsea “plug and play” projects which could help unlock the 3.4 billion barrels of oil and gas in marginal fields on the UK continental shelf.

Tech 2

New record as UK goes three days without coal power

The British power grid has seen a new record of more than three days without coal, smashing the previous record just days after it was set, National Grid has said.

UK 5
Several contenders for second position are leading their charge. Picture: Contributed.

Spring sees cryptocurrencies jostling for space

There is no doubt the winter has been long and hard.

Opinion
Left to right: George Elliott, Kirsty Mackenzie and John Anderson. Picture: Stewart Attwood.

Specialist recruiter to grow own ranks

A recruitment firm specialising in finance and accountancy is looking to grow headcount by about a third this year after a run of client wins in the first quarter and record revenues in 2017.

Management
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