News
News
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Can the Qatar World Cup be truly carbon-neutral?
The Qatar World Cup, which kicks off next month, has promised incoming fans and visitors that the tournament will be carbon-neutral – but its claims have been labelled ‘misleading’ and ‘dishonest.’ Although the competition has continually waved a green flag, its organising body the Supreme Committee for Delivery Legacy, has revealed its estimation that 3.6 […]
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‘Majority of homeowners worried about heating costs this winter’
Concerns over heating cost rise as temperatures drop in Britain. A survey of 2,000 UK homeowners conducted by industry association Heating and Hot Water Industry Council has found that nearly 93% of Britons are worried about the price of heating in the coming months. The polling also shows that a third of Brits are ‘extremely […]
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US to release an extra 15m barrels of oil amid skyrocketing prices
The White House is expected to unveil a new plan to release an additional 15 million oil barrels from the US Strategic Petroleum Reserve (SPR). The move is expected to build confidence in the energy market and shield the US economy from Ukraine war shocks. According to media reports, the Biden Administration also plans to […]
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Scrapping clock change could help Britons save up to £400 on energy bills
The decision not to put clocks back at the end of October could lead to a saving of around £400 a year on energy bills, experts have suggested. Professor Aoife Foley, from the school of mechanical and aerospace engineering at Queen’s University Belfast, said: “By simply foregoing the winter Daylight Savings Time (DST) in October, […]
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Singapore and Australia agree net zero deal
Singapore and Australia believe they’ve struck the world’s first agreement to hit net zero together through cooperation. The Green Economy Agreement has been signed by both Prime Ministers Lee Hsien Loong and Anthony Albanese – and has 17 components that they believe will help both nations reach net zero. Australia has committed to net zero […]
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Government plan withdrawal touted ‘dramatic change in energy policy’
The government’s announcement to make the Energy Price Guarantee a short-term measure to help households with rising energy bills might bring more changes in the UK energy policy. Jacopo Torriti, Professor of Energy Economics and Policy at the University of Reading, told ELN: “This is a dramatic change in energy policy. The surge in energy […]
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Government scales back energy plan
The government’s flagship energy plan, including the Energy Price Guarantee and the Energy Bill Relief Scheme, will remain in place until April next year instead of two years as was initially planned. This is part of medium-term fiscal plan measures announced earlier by the new Chancellor, Jeremy Hunt. The Prime Minister and the Chancellor have […]
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EU mulls ‘dynamic’ gas price cap as Gazprom warns over potential supply halt
Europe is reportedly considering introducing a “temporary dynamic price corridor” for gas supplies. According to Bloomberg, European leaders are looking at a range of proposals for gas price caps, including a “dynamic price limit” for transactions on the Dutch Title Transfer Facility (TTF), the European benchmark price for gas. Earlier this month, the President of […]
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France sends Germany gas for first time amid energy crisis
France has started pumping gas directly to Germany as countries are scrabbling for alternatives to Russian gas. French grid operator GRTgaz said it would initially deliver 31GWh per hour – it added: “The level of this capacity, assessed daily according to network conditions, will be a maximum of 100GWh/d.” It said: “The only existing interconnection […]
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I am not a green energy sceptic, says Business Secretary
The Business Secretary has said he is not a green energy sceptic. In an editorial piece in The Guardian, Jacob Rees-Mogg said he was convinced by the need to boost renewables. The Business Secretary revealed new policies, including loosening regulations for businesses to install solar technologies and offering homeowners grants to put solar panels on […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas