Scotland’s hydropower revival
Pumped storage, major investment and a growing supply chain could put Scotland at the forefront of the next generation of hydropower Scotland has a long-standing relationship with hydropower. For generations,...
Drax boss says grid connectors should pay for renewable hold-ups
The operators of the Britain’s national grid should be made liable for damages over delayed upgrades to the electricity network, the owner of the Cruachan hydro-electric power plant in the...
DEATH OF A HERO: Tributes pour in for Sir Ian Wood, a titan of entrepreneurial Scotland
Tributes have been pouring in from Scotland and further afield for Sir Ian Wood, 84, who has died. The Business would also like to pass on its condolences for the...
New energy secretary set to give green light for Rosebank and Jackdaw
Prime Minister Andy Burnham is expected to give the go-ahead in early August for the long-awaited drilling of oil and gas developments in the North Sea.Miatta Fahnbulleh, new Secretary of...
Hepworth takes on top job at Scottish Renewables
Angela Hepworth has been appointed chief executive officer of Scottish Renewables, taking over from Claire Mack, who is moving to SSEN Transmission. Hepworth will step into the role next week...
CLARION CALL: Energy alliance presses Andy Burnham to back North Sea oil drilling
A powerful cross-industry group led by North Sea energy producers has delivered a letter to the new Prime Minister Andy Burnham, warning that policymakers must back homegrown oil and gas...
STRATEGY SHIFT: Investment Bank prepares new ground for housing and tech growth in Scotland
Scotland’s National Investment Bank will use its financial heft to face into the housing emergency, helping to build more homes across the nation.The Bank, which published its investment strategy and...
Power Shift: Minister signals Scotland’s moment to lead the energy transition
The UK’s Energy Minister used the platform of the UK’s largest energy conference to set out his stall for the country’s clean energy transition making it clear that Scotland is...
Energy transition investment and M&A market show signs of resilience and growth
After a period of turbulence across the global investment landscape, Scotland’s M&A market is showing signs of renewed vigour. While macroeconomic and geopolitical factors have caused fluctuations in deal flow...
Bank’s £50m investment into Fife energy storage, owned by Danish fund manager
The Scottish National Investment Bank is spending £50m to acquire a minority stake in the Devilla Battery Energy Storage System, at Kincardine, from Copenhagen Infrastructure Partners (CIP), alongside Nuclear Liabilities Fund (NLF)...