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Britain sets out funding model for renewable energy storage projects

UPDATE 1-Britain sets out funding model for renewable energy storage projects Adds company comment By Susanna Twidale LONDON, Oct 10 (Reuters) - Britain will offer developers of renewable energy storage projects, such as pumped hydro, a guaranteed minimum income to spur investment in technologies that help the country meet its climate targets. Britain is aiming to decarbonise its power sector by 2030. Meeting this target will require a large increase in renewable energy, such as wind and solar,
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Top of the Street: Lloyds, Hammerson, SSE, Schroders, Gjensidige, Covestro

BUZZ-Top of the Street: Lloyds, Hammerson, SSE, Schroders, Gjensidige, Covestro A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Barclays cuts Hammerson HMSO.L to "equal-weight" from "overweight" seeing lower earnings growth and yield for the UK real estate firm than for its peers ** In a sector note, Barclays adds it sees no signs of strong recovery in real estate deals in Europe ** Jefferies downgrades SSE SSE.L to "hold" from "buy" after the British po
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UK's SSE pushes back Dogger Bank wind project, keeps earnings forecast

UPDATE 2-UK's SSE pushes back Dogger Bank wind project, keeps earnings forecast Adds SSE share move in paragraph 5, National Grid share move in paragraph 9, context on wind farm in paragraph 3 Oct 3 (Reuters) - UK power generator and network operator SSE 's SSE.L Dogger Bank A offshore wind project is not expected to be completed until the second half of 2025, but that would not impact its annual earnings guidance it said on Thursday.
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UK Stocks-Factors to watch on Oct 3

UPDATE 1-UK Stocks-Factors to watch on Oct 3 Adds new items, updates futures Oct 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher, with futures FFIc1 up 0.2%. * TESCO: Tesco TSCO.L raised its annual profit forecast as Britain's biggest supermarket group won market share in its first half, giving it momentum ahead of the key festive trading period.
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UK's SSE says Dogger Bank A project to be completed in second-half of 2025

UK's SSE says Dogger Bank A project to be completed in second-half of 2025 Oct 3 (Reuters) - UK power generator and network operator SSE SSE.L maintained its annual forecast on Thursday and pushed back the completion of the Dogger Bank A offshore wind project to the second-half of 2025 from the first-half. Reporting by Aby Jose Koilparambil in Beng
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