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Energy Policy 28 September 2025

UK Wind Power “Racket” Exposed: Octopus Energy Reveals £650m Wasted on Idle Turbines – Is Our Grid Broken?

UK Wind Power “Racket” Exposed: Octopus Energy Reveals £650m Wasted on Idle Turbines – Is Our Grid Broken?

Octopus Energy’s live tracker shows nearly £650 million paid out in 2025 to wind farms forced to shut off, far surpassing mid-2024 levels. Grid bottlenecks leave turbines idle up to 70% of the time, driving up bills by about £40 per household. National grid operator NESO projects annual constraint costs could reach £8 billion by 2030. Octopus is pushing for zonal pricing and faster grid upgrades to cut waste.
28 September 2025
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Stock Market Updates

BlackBerry falls with volume outpacing buyback plan ahead of earnings

BlackBerry falls with volume outpacing buyback plan ahead of earnings

25 June 2026
BlackBerry closed down 2.3% at $8.62 despite Stifel initiating coverage with a Buy and $12 target—39% above the close—while trading volume of 38.3 million shares far exceeded its entire buyback authorization, highlighting investor focus ahead of Thursday’s Q1 results and underscoring the limited impact of BlackBerry’s capital return plan.
Opendoor slides after landing in Russell 3000, liquidity and dilution concerns follow

Opendoor edges up before Russell 3000 move, soft housing numbers weigh

25 June 2026
Santos shares closed down 0.96% at A$7.24 after Brent crude slumped US$3.34 to US$73.74, cutting potential annual gross sales from its new Pikka project by about US$50 million at plateau rates; Pikka’s ramp to 80,000 barrels per day is key, as oil price swings now have a direct impact on Santos’ production-linked revenue and its US$2.5 billion net debt reduction target.
Oracle (NYSE:ORCL) stock slips as AI spending outpaces cloud infra sales

Oracle (NYSE:ORCL) stock slips as AI spending outpaces cloud infra sales

25 June 2026
Oracle plunged 4.62% to $157.53 after its annual report revealed fiscal 2026 capital expenditures soared to $55.7 billion—over three times cloud-infrastructure revenue—while free cash flow was negative $23.7 billion and restructuring costs surged, highlighting intensifying funding pressures despite a massive $638 billion backlog.
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