News
News
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Government urged to implement green principles rapidly on policymaking
The government should stop “dragging its feet” on putting its Environmental Principles at the heart of its policymaking. That’s the suggestion from the Environmental Audit Committee (EAC) which has said the government has been designing its environmental principles for more than four years. The Environmental Principles require ministers to consider five benchmarks for environmental protection […]
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New transatlantic agreement to advance commercial fusion energy
A new transatlantic agreement has been announced between the UK Atomic Energy Authority (UKAEA) and Commonwealth Fusion Systems (CFS) to advance commercial fusion energy. The five-year collaboration is the result of a shared mission of both organisations to leverage innovative research and the speed of the private sector to support the “fastest path” to low […]
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EU greenlights €5bn German scheme to support energy and trade intensive firms
A €5 billion (£4.2bn) German scheme to support energy and trade intensive companies across industrial sectors amid Russia’s invasion of Ukraine has been approved by the European Commission. It has been given the green light under the State Aid Temporary Crisis Framework, which was adopted by the Commission in March 2022, recognising the EU economy […]
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US takes over as world’s largest LNG exporter
The US became the world’s largest exporter of liquefied natural gas (LNG) during the first half of 2022. That’s according to the US Energy Information Administration (EIA), citing data from non-profit organisation CEDIGAZ, which revealed US LNG exports increased by 12% between January and June 2022 compared with the second half of 2021. Exports this […]
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EU backs €406.4m Dutch scheme to support filling of gas storage facility
The European Commission has approved a Dutch scheme, worth up to €406.4 million (£345m), to support the filling of the gas storage facility Bergermeer amid Russia’s invasion of Ukraine. The Netherlands notified the Commission of the scheme, which will enable the country to ensure existing gas storage facilities are filled up to at least 80% […]
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Greece taken to EU Court over environmental impact assessment failures
The European Commission is referring Greece to the Court of Justice over its failure to carry out environmental impact assessments for certain large infrastructure projects. The Environmental Impact Assessment (EIA) Directive, which has been in force since 1985, applies to a wide range of defined public and private projects including long-distance railway lines, motorways and […]
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Iberdrola and EU bank ink €550m loan to boost renewable energy in Spain
Iberdrola and the European Investment Bank (EIB) have signed a €550 million (£468m) loan to boost the deployment of renewable energy projects in Spain. The loan will be provided for the construction of a portfolio of solar and wind farms with a total capacity of around 1,800MW, which are expected to generate enough electricity to […]
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Equinor buys US battery storage developer East Point Energy
Equinor has signed an agreement to buy energy storage developer East Point Energy LLC, based in the US. Headquartered in Charlottesville, Virginia, the company has a 4.1GW pipeline of early to mid-stage battery storage projects focused on the US East Coast. Equinor believes battery storage will play an “important role” in the energy transition as […]
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German Government ‘likely to face legal challenges to gas rationing’
The German Government has been warned that it might face legal action over its potential decision to implement gas rationing measures. A few days ago, President of the European Commission Ursula von der Leyen did not rule out the possible scenario of complete interruption of Russian natural gas to European countries. Last month, Germany’s Federal […]
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British Gas pours £2m into new energy advice centres
British Gas has today announced it will invest an additional £2 million in the development of new energy advice centres. Britain’s largest energy supplier said the funding, which will come from its Energy Trust, will help create 20 more centres where people can go and get advice. The charities help consumers with money advice, access […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas