News
News
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TotalEnergies offloads stake in 234MW renewables portfolio
TotalEnergies has sold 50% of a 234 MW portfolio of renewable projects to French insurance group Crédit Agricole Assurances. The portfolio includes 23 solar projects with a capacity of 168MW and six wind farms with a capacity of 67MW. The energy giant said the transaction implies an enterprise value of the portfolio of $300 million […]
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Ofgem extends market stabilisation charge
Britain’s energy regulator has said it will extend some temporary protection measures it launched last year to tackle skyrocketing electricity and gas prices and market volatility. The ‘Market Stabilisation Charge’ (MSC) was introduced in April 2022 – it aims at managing the impact of suppliers’ exits on market stability. The charge, which is paid by […]
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UK publishes guidance on ‘blue’ hydrogen production
The Environment Agency (EA) has today published regulatory guidance on the production of hydrogen from methane with carbon capture, otherwise known as ‘blue’ hydrogen. The EA had previously asked for views on the development of this guidance, which covers both new plants and retrofits to existing plants. The published information aims to help companies design […]
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UK energy industry calls for more clean energy investment
Green growth is at “severe” risk unless the government prioritises vital measures in the Spring Budget, five energy trade associations have warned today. In a letter to Chancellor Jeremy Hunt, the bosses of RenewableUK, Energy UK, the Nuclear Industry Association, Scottish Renewables and Solar Energy UK said: “Despite our industry’s commitment to the low carbon […]
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EVs lead to fall in asthma hospital admissions, study shows
Scientists have said that electric vehicles (EVs) might lead to a reduced number of asthma hospitalisations. Researchers from the University of Southern California have found that for every 2% increase in zero emissions vehicles (ZEVs) adoption in a specific zip code in California, asthma-related emergency visits drop by 3%. The study has also revealed that more […]
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UN’s Damilola Ogunbiyi receives EI President’s Award
Co-Chair of UN Energy Damilola Ogunbiyi has been awarded with the Energy Institute President’s Award. She will receive the accolade during International Energy Week at the end of this month – rewarded to an individual who has provided solutions to global energy challenges and that combat climate change. Also the CEO of Sustainable Energy for […]
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How are bananas growing in Iceland?
As part of our documentary covering Iceland’s use of geothermal energy, we visited a greenhouse just north of the capital Reykjavík that’s using the heat from under the ground to grow some crazy things. Bananas, paprika, peppers and oranges all growing in temperatures of around 4°C – it’s not possible, is it? I spoke with […]
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Octopus urges Ofgem to reduce costs for non-debit customers
Octopus has called on the energy regulator to ditch payment penalties for standard credit customers. People who are not on direct debit plans see up to £254 added to their energy bills, more than three times extra what they were in April 2021, when the additional fee was around £84. It is estimated that the […]
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‘For net zero aviation, $1tn in carbon offsets is needed’
For the aviation industry to achieve net zero by 2050, it will have to purchase upwards of $1 trillion (£811bn) in carbon offsets. That’s according to a study by the University of California, Irvine (UCI), claiming that unless both airlines and travellers change the frequency of catching flights, this would be the only option for […]
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Centrica strikes hydrogen ready CHP partnership
Centrica has partnered with manufacturer 2G Energy AG to provide customers with hydrogen ready Combined and Heat Power (CHP) systems. The agreement will see Centrica Business Solutions offer 2G CHPs across the UK and Ireland, Netherlands and Italy. The partnership also adds the capability to offer biogas and liquefied petroleum gas engines in addition to […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas