Ilona Amos An innovative new battery storage facility has been opened in West Lothian to help balance the amount of electricity being fed into the National Grid. The largest and fastest of its type in Scotland, the development will charge up during periods of excess generation such as windy days, Read more…
MARK WILLIAMSON SHARES in Scottish Hydroelectric Owner SSE have plunged around eight per cent after the power firm warned the price cap on tariffs would hit profits following a “disappointing and regrettable” performance in the first five months. The Perth-based utility said the price cap that Ofgem has proposed to Read more…
LONDON’S blue-chip index climbed back above the 7,300 mark on Wednesday as rising oil prices helped to push up commodity stocks. The FTSE 100 finished the day 39.82 points, or 0.55 per cent, higher at 7,313.4. A barrel of Brent Crude was at one point trading above $80 on the Read more…