Shares in UK power company Drax Group PLC fell sharply after the Financial Conduct Authority (FCA) initiated a probe into the firm's accounting practices regarding its 'renewable' fuel sources.
The owner of British Gas, Centrica, has acquired a 1.5 billion euro stake in Europe's largest liquefied natural gas (LNG) terminal.
The head of National Grid has stated that a recent power outage at Heathrow Airport was not a 'systemic' network issue.
Official figures reveal that renewable sources provided over half of the UK's electricity for the first time in 2024.
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