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Drought declared in parts of Wales as UK faces driest July in 200 years
In Entwicklung
Environment·24.7.2026KI-Zusammenfassung

Drought declared in parts of Wales as UK faces driest July in 200 years

Parts of Wales, including north Wales and Upper Severn, are officially in drought due to record-low river flows and heatwaves, with July set to be the driest in nearly 200 years. This follows similar declarations in England and comes amid wider European drought intensified by climate change, impacting wildlife, farming, and prompting water restrictions.

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Guardian UK
4 Min. Lesezeit
Gas-fired power still looks a safe bet for Centrica in the renewables era
NACHRICHT
7.5.2026

Gas-fired power still looks a safe bet for Centrica in the renewables era

There will still be a need to have gas in the wings to keep the lights on, so the financials stack up on Severn plant purchaseThe eye-catching non-Hormuz news in energy-land last month was that Great Britain is set for a record-breaking summer for wind and solar power generation. The national energy system operator even thought there could be periods – a sunny weekend or a bank holiday afternoon of low demand, for example – when more renewable power would be available than the electricity grid needed.So, on the face of it, it is an odd moment for Centrica, owner of British Gas, to fork out £370m to buy a 16-year-old combined-cycle gas turbine plant in south Wales. After all, the government’s clean power plan imagines that, come 2030, Great Britain’s entire fleet of gas plants will be used to generate only 5% of its electricity, down from 31.5% in 2025. Continue reading...

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Guardian Business
United Utilities shares surge 11% as Ofwat settlement proves more generous than expected
NACHRICHT
30.4.2026KI-Zusammenfassung

United Utilities shares surge 11% as Ofwat settlement proves more generous than expected

United Utilities share price jumped 11% after the water company announced an £800m share placing with Future Fund and Atlas as cornerstone investors. Ofwat's regulatory settlement a year ago has proven more generous than initially thought, particularly for companies not incurring heavy pollution fines. UU now targets 10-11% return on equity and seeks to spend an additional £2.5bn on infrastructure, potentially adding £10 to household bills. Severn Trent rose 7% in sympathy, with both companies at all-time highs.

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Guardian Business
4 Min. Lesezeit