News
News
-
Toyota builds 1MW hydrogen system for US Department of Energy
Toyota is working alongside the US Department of Energy (DOE) to build a 1MW hydrogen fuel cell power system in Colorado. The $6.5 million (£5.4m) project is being funded by the DOE and is expected to be operational within three years. Toyota is implementing its knowledge from electric vehicle (EV) batteries to build the hydrogen […]
-
Industry calls on government, as energy price cap skyrockets to £3,549
Ofgem announced that the energy price cap would jump to £3,549 from October, this morning – a move that will plunge many families into further debt, as the difficulty to pay energy bills increases. What does the industry have to say? Lily Frencham, CEO of the Association for Decentralised Energy (ADE), said the increase was […]
-
‘World’s first’ large scale plastic recycling plant set up in UK
A deal is now in place for the next 10 years of operations at what is claimed to be the world’s first commercial scale plastic recycling plant. Based in Teesside, the plant is expected to process more than 20,000 tonnes of plastic waste in its first year alone. Px Group has been awarded the decade-lasting […]
-
Almost half the UK don’t think the country will ever be ready for EVs
The UK will never be ready to make the switch to electric vehicles (EVs), despite the government’s aim to ban new petrol and diesel cars by 2030. That’s the view of 43% of Brits according to a new study by Rivervale Leasing, which gauged the views of 2,000 people across the country. Of those surveyed, […]
-
Policy support ‘could help India add 23.7GW of wind energy by 2026’
India could add 23.7GW of additional wind energy capacity within the next five years with support from government policy. That’s according to a new report from the Global Wind Energy Council (GWEC) and MEC Intelligence, which highlights wind energy’s “critical link” to India’s green energy transition. Wind power accounted for the majority of the renewable […]
-
Isle of Man freezes electricity bills until March 2023
The Isle of Man has announced it will cap electricity bills at their current level until 31st March 2023. The idea had previously been pitched to UK Government officials to help people struggling with the rising cost of living ahead of the new increase in the price cap. Most of the Isle of Man’s electricity […]
-
Octopus launches new €220m renewables fund
Octopus Energy Group has launched today a new €220 million (£185m) fund to build new renewable and energy storage capacity. The company’s first investment will see Octopus Energy Development Partnership (OEDP) take a 24% in solar and battery facilities developer Exagen. The deal includes the option to purchase one of the UK’s largest batteries located […]
-
Thames Water hosepipe ban comes into force
Millions of people in Thames Valley and London have been urged to cut back on water usage as Thames Water hosepipe ban has come into force. People will not be able to use hosepipes to water gardens, wash cars and fill paddling pools. The company said: “After the driest July on record, and below average […]
-
South Korea’s SK invests $250m in Bill Gates’ TerraPower
South Korea’s SK Group has announced an investment of $250 million (£213m) in TerraPower, which develops small modular reactors (SMRs) for nuclear power stations and was founded by billionaire Bill Gates. The equity investment will enable SK to join TerraPower’s nuclear reactor commercialisation projects in Korea and Southeast Asia. TerraPower’s Natrium SFR technology transfers the […]
-
Founder and chief of UK battery start-up Britishvolt steps down
The founder and chief executive officer of UK battery start-up Britishvolt is stepping down from the company. Orral Nadjari will pass the reins to Dr Graham Hoare, who is currently Britishvolt’s Deputy CEO and President of Global Operations as well as Chair of the UK Automotive Council. Britishvolt is focused on the development of next-generation […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas