Renewables company takes over fracking firm to rescue stranded assets
The would-be fracking firm, Third Energy, has been acquired by a renewables company, which plans to use old gas wells to generate geothermal energy.
The would-be fracking firm, Third Energy, has been acquired by a renewables company, which plans to use old gas wells to generate geothermal energy.
When the energy company SSE put prices up last week by an average of 8.2%, it blamed, among other things, government-imposed green levies collected through gas and electricity bills. Three days later, the company told the FT that government green energy policies would put up bills by £26 […]