News
News
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UK carbon capture projects shortlisted for new cluster
As part of Boris Johnson’s Ten Point Plan, 20 carbon capture projects have been shortlisted for the next carbon capture cluster. In the plan, the departing Prime Minister announced that two industrial clusters with carbon capture would be delivered by the mid-2020s, with another two by 2030. The North Sea provides the UK with one […]
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UK calls on Russia to give nuclear facilities back to Ukraine
During a UN Security Council meeting, the UK’s Representative James Kariuki stated the country’s ‘deep concern’ with Russian exploits, calling on Putin to return full control of Ukrainian nuclear facilities to their rightful owner. The meeting was held to discuss the ongoing situation in Ukraine and specifically the Zaporizhzhia Nuclear Power Plant. In March of […]
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Spain activates air conditioning limits
Spanish households, businesses and public buildings are banned to increase the temperature of their air conditioning systems to more than 27°C. That is part of the emergency measures the Spanish Government has taken to tackle the looming energy crisis and save the country’s energy resources. Skeptics, including leaders of large cities such as Madrid, had […]
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No white smoke after government’s energy crisis meeting
With many expecting a hint at what could be the new government package in response to the darkest energy forecasts, the government ended a meeting without having much to say. Prime Minister Boris Johnson, Business Secretary Kwasi Kwarteng and Chancellor Nadhim Zahawi met with energy bosses today to discuss potential measures to mitigate the rising […]
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‘Russia’s natural gas pipeline exports to Europe near historic lows’
The amount of exported Russian natural gas through pipelines to Europe and the UK has steadily decreased, latest figures show. Using data from Refinitiv Eikon, the statistical agency of the US Department of Energy suggests Russia’s natural gas exports by pipeline to European countries and the UK decreased by nearly 40% in the first seven […]
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Light at the end of energy crisis tunnel in 2026 for Australia
Australian households are likely to face high energy prices until 2026. That’s one of the findings of new research by consultancy Cornwall Insight which suggests all states in Australia’s National Electricity Market will have an annual median price of around AUD$200 (£115)/MWh, up until the end of the financial year 2025. According to the report, […]
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Italian scheme to support biomethane production granted EU approval
The European Commission has given the green light for an Italian scheme to support the construction and operation of new or converted biomethane production plants. It is part of Italy’s strategy to reduce greenhouse gas emissions and boost its share of renewable energy as well as contribute to the objectives of the REPowerEU Plan to […]
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Cenovus to buy remaining 50% stake in Toledo refinery from bp
Cenovus Energy is buying the remaining 50% stake in the bp-Husky Toledo Refinery in Ohio from the British energy giant. Cenvous will make a cash payment of $300 million (£248m) to bp and take over operations when the deal closes, which is expected later this year. The two companies will also enter into a multi-year […]
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EU approves €110m Austrian scheme to support agri-producers hit by rising energy costs
The European Commission has approved a €110 million (£92,7m) Austrian scheme to support primary agricultural producers hit particularly hard by rising energy prices in light of Russia’s invasion of Ukraine. It has given the green light for the scheme under the state aid Temporary Crisis Framework, recognising that the EU economy is experiencing a “serious […]
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Child dies after major gas explosion in London
A child has died and three people have been left with potentially life-threatening injuries after a massive blast in Thornton Heath near Croydon earlier today. Around 40 firefighters have been called to the scene in Galpin’s Road in Thornton Heath. The London Fire Brigade reported that a terraced house has collapsed and neighbouring properties have […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas