News
News
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Germany unveils €200bn fund to protect people from rising gas prices
The German Chancellor has set out a €200 billion (£175bn) package that could act as a “defensive shield” for customers against skyrocketing energy prices. Olaf Scholtz said: “Electricity and gas prices must fall and they will fall. We have set the course for this today. We will not leave anyone alone with the high bills […]
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EU countries agree on collectively reducing electricity consumption in peak hours
Emergency measures including a mandatory target to reduce electricity consumption by 5% have been agreed upon today by the Energy Ministers of European countries. EU Ministers have today come together to discuss emergency measures to help people through the energy crisis. The Energy Council has agreed to a voluntary overall reduction target of 10% of […]
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Northumberland Estates given green light for battery storage site
Northumberland Estates has secured planning permission for a battery energy storage system (BESS) site in North Tyneside. The 3.4-acre site on Venus Park within the Tyne Tunnel Trading Estate has the potential to store 50MW of renewable energy. It is the company’s first renewables development to be awarded planning permission and supports the government’s 2050 […]
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Three firms awarded £1.3m for nuclear decommissioning and defence telexistence tech
Three organisations have been awarded £1.3 million in contracts to develop innovative telexistence technologies for nuclear decommissioning. Telexistence technology has the potential to give those working in hazardous environments the capability to undertake tasks without physically being present, which can decrease the risk and reduce the logistical burden associated with dangerous operations. It can also […]
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Britain has exported more power to EU than ever before
Britain become a net exporter of electricity for the first time in more than a decade this year. That’s according to a study by Imperial College London and Drax, which reveals that in the second quarter of the year, the UK exported more power to Europe than ever before. In three months, the energy exports […]
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Gas flaring not accounted for by fossil fuel companies
Oil and gas giants are ignoring a significant source of greenhouse gas (GHG) emissions. That’s according to a report by the BBC, revealing that millions of tonnes of undeclared emissions have been released, as a result of gas flaring. This release has occurred at the oil fields of bp, Eni, ExxonMobil, Chevron and Shell – […]
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UK injects £1.5bn into home energy efficiency
Nearly 130,000 homes across England could soon see their bills reduced as a result of energy efficiency upgrades backed by a new £1.5 billion package. The funding will see the installation of measures, including external wall and loft insulation, energy efficient doors and windows, heat pumps and solar panels. Local authorities and social housing providers will […]
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If the world needs gas, we’ll provide, UAE says
The United Arab Emirates has revealed it will keep supplying the world with oil and gas, as long as demand remains. The country’s Climate Change and Environment Minister Mariam Almheiri stated: “As long as the world needs oil and gas, we’re going to give it to them.” This was during a visit from German Chancellor […]
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Keir Starmer to set up a publicly owned energy company
Labour Party Leader has unveiled plans to create a public energy company should his party win the next general election. Delivering a major speech at a conference in Liverpool, Keir Starmer has pledged to set the state-owned energy firm up in the first year of a Labour Government. He said: “Energy bills in Swansea are […]
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“It is hard to imagine that Nord Stream leaks are accidental”
Denmark‘s Prime Minister has said it was hard to imagine that the reported leaks on the Russia-to-Germany Nord Stream 1 2 gas pipelines were “accidental”. Speaking to the Danish news agency Politiken, she said: “It is hard to imagine that it is accidental. We cannot rule out sabotage, but it is too early to conclude.” […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas