Two major energy firms are to work together in a bid to develop carbon capture and storage technology.

Inflation in the UK is expected to hit a three-year high today.

The rate of inflation continued to climb last month, official figures revealed today, as utility bill hikes hit a two-year high and clothing costs saw their biggest increase on record.

Up to 900 jobs will be axed at Scottish and Southern Energy (SSE) after the company announced today it was immediately suspending all its doorsteps sales.

The London market sunk deeper into the red today after further falls in commodity prices hit traders' confidence.

The North's main gas supplier is eyeing up Bord Gais assets earmarked for sale.

World markets took another step in their recovery today after a multi-billion dollar deal in the telecoms sector boosted confidence.

PRE-TAX profits at the main arm of renewable energy company, Airtricity, last year increased by 80% to €28.4 million.

Rolls-Royce shares pulled out of their nosedive today as the group said it was making progress on finding the cause of the engine failure that forced a Qantas jet to make an emergency landing.

Scottish & Southern Energy's plans to raise gas bills by 9.4% fuelled gains among blue chip utility stocks today.

MORE than 60,000 homes will be supplied with wind energy upon completion of a new 105MW wind farm on Coillte-owned lands in Cloosh Valley, Moycullen, Co Galway.

London's FTSE 100 Index fell into the red today as the rally in the banking sector fizzled out and investors looked to secure profits from recent gains.

LEADING Irish firm SSE Renewables has won a series of lucrative tidal energy contracts in north-east Scotland as part of a multi-billion euro project in a location described as “the Saudi Arabia of marine power”.

THE ESB is planning to invest up to €2 billion building up a strong presence in the British electricity market over the next decade, according to chief executive Padraig McManus.

The FTSE 100 Index pulled back from 14-month highs today as investors took the chance to take some money off the table.

British Gas parent Centrica today said its residential utility arm was on track to see profits soar by an expected 43% this year, despite a 7% fall in energy consumption.

Sainsbury’s celebrated a strong rise in half-year results today in a buoyant session for the wider London market that saw it touch a year high.

RENEWABLE Energy could be worth €3.8 billion to the Irish economy by 2020 as the EU moves to generate 20% of itsenergy from renewables, according to the National Offshore Wind Association of Ireland (NOW).

The FTSE 100 Index limped into the black today as a better than expected start on Wall Street helped the London market claw back early losses.

The London market was dragged into the red today as financial stocks foundered on concerns over the banking sector.

Insurer Aviva lost more than £2bn of its value today as financial stocks took a hammering during another bleak session for the London market.

The FTSE 100 Index plunged deep into the red today as doubts over the US economic stimulus plan rippled through global markets.

Scottish and Southern Energy today became the second UK energy firm to cut prices for customers.

Retailer Marks & Spencer’s shares rose almost 6% today despite its worse sales performance for nearly a decade.

Britain's FTSE 100 Index plunged into the red today as economic worries overshadowed positive corporate news from blue-chip firms.

Insurers made strong advances on the London market today as blue chip stocks regained their poise in a less volatile session.

The London market was on the back foot today as falling commodity prices put pressure on blue-chip stocks.

The bosses of the UK’s six biggest energy firms face a grilling from MPs today as they seek to defend the price hikes imposed on millions of households across the country.

The London market enjoyed its first positive session of the week today as banks and housebuilders clawed back some of the previous day's heavy losses.

French industrial group Suez confirmed today it was no longer involved in talks over a possible bid for UK nuclear power provider British Energy.

Millions of households faced further pain today after British Gas owner Centrica signalled it may have to make another hike in energy prices.

Takeover speculation and a quarter point cut in interest rates failed to lift the FTSE 100 Index out of the red today.

Fresh bid talk over British Energy failed to keep the London market out of the red today ahead of interest rate decisions from central banks.

The market rally following efforts by central banks to tackle the credit crunch proved short-lived today as the FTSE 100 Index fell 2%.

The FTSE 100 Index surged above the 6000 mark today as trading was boosted by further big gains for financial stocks.

ISN’T it wonderful to have adversaries like Dick Keane? (‘Wind energy is just a waste of our money’, Letters, January 22).

One of the most volatile weeks in the London market’s recent history ended today with the FTSE 100 Index barely changed on its starting point.

What O’Connor really wanted to do was explore options for renewable energy sources...

The FTSE 100 Index lost ground today after a nervous start in US markets unsettled London’s blue chips.

The FTSE 100 Index clawed back some lost ground today despite retail stocks wobbling ahead of key trading updates due later this week.

The London market staged a late session turnaround today after positive US economic data helped offset hefty falls among UK retailers.

London's blue-chip index was today stuck in negative territory following the latest gloomy survey on the UK housing market.

London's blue chips were on the back foot today as nerves over banking stocks showed little sign of abating.

The FTSE 100 Index endured a bumpy end to the session today after the release of widely-anticipated oil inventories data in the US.