British Gas owner snaps up gas-fired power station for £370m in south Wales
Sentiment Mix
Geography
Expert Signals
GB News - News
source • 1 mention
AI-Generated Claims
Generated from linked receipts; click sources for full context.
British Gas owner snaps up gas-fired power station for £370m in south Wales.
Supported by 1 story
The need for gas-fired power stations will increase despite the race to Net Zero, the boss of energy giant Centrica has said.
Supported by 1 story
Centrica, which owns British Gas, has paid £370m for the Severn gas turbine power station in Wales, which it said would help keep energy supplies "secure and affordable".
Supported by 1 story
Chief executive Chris O'Shea told investors that natural gas-fired generation will "continue to play a critical role in maintaining system stability through the UK's energy transition" by "ensuring security of supply".
Supported by 1 story
Under Britain's Net Zero plans, 95 per cent of our electricity will be generated by clean sources by 2030.
Supported by 1 story
Related Events
Crude oil prices tumble, but gas prices offer major caveat - thestreet.com
Uncategorized • 5/8/2026
BMW profits slump after UK car finance scandal and Donald Trump tariffs impact sales
Uncategorized • 5/8/2026
Europe’s EV sales jump as Middle East war drives gas prices near 2022 highs - Automotive News
Uncategorized • 5/7/2026
Planet Fitness stock plunges 30% after company slashes guidance, cancels planned price hikes - CNBC
Uncategorized • 5/8/2026
US awaits Iran response to Middle East war deal; oil prices fall - Daily Telegraph Sydney
Uncategorized • 5/8/2026