News
News
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Ofgem proposes setting electricity prices on a regional or local level
Ofgem has proposed a new plan that could see the UK move from setting wholesale electricity prices at a national level to either a regional or local level. That is one of the reforms of the UK’s energy system the energy regulator proposed to help the country reduce its reliance on gas imports and accelerate […]
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UKPN launches group to drive EV uptake
UK Power Networks (UKPN) has announced a new group, set-up with the aim of having more people in the South and East of England take up electric vehicles (EVs). Labelled the ‘Low Carbon Technology Customer Group’, it will span across various industries including emergency services, retail and farming, to understand all decarbonisation challenges faced by […]
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UK’s nature reserves face hotter temperatures
UK’s nature reserves are likely to be hit significantly by climate change. Research conducted by The Wildlife Trusts has found that, by the 2050s, under a future warming trajectory that reaches 3°C warming by 2100, nearly half of The Wildlife Trusts’ nature reserves will have more than 30 days of very high fire risk yearly. […]
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‘EVs not the right road for Police,’ says PCC
Electric vehicles (EVs) are not suitable for tackling crime, as their batteries go flat too often. That’s the view of Police and Crime Commissioner (PCC) Chris Nelson for the Gloucestershire Constabulary, claiming the cars “run out of puff” and for response rates to rise, police cars need to change. Gloucestershire’s previous PCC was a big […]
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Fresh $630m investments to modernise US hydropower facilities
Fresh investments totalling nearly $630 million (£520m) has been announced to modernise hydropower facilities in the US. The Department of Energy (DOE) has issued a request for information (RFI), seeking feedback to inform the investments from President Joe Biden’s Bipartisan Infrastructure Law for the Maintaining and Enhancing Hydroelectricity Incentives Programme and Hydroelectric Efficiency Improvement Incentives […]
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Lurpak: Energy crisis spreading utterly butterly
Images of the skyrocketing prices of butter spread Lurpak have gone viral in the last few days, leaving social media users wondering why their favourite tubs of butter have hit sky-high prices. Shoppers have even taken to social media to share pictures of security tags on butter. Several social media posts show tubs of Lurpak […]
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Alok Sharma visits Turkey after UK investment in 1.35GW solar plant
COP26 President Alok Sharma is currently visiting Turkey to build on the Glasgow Climate Pact and observe progress on a new solar farm, heavily invested in by the UK. Mr Sharma is meeting with Turkish Ministers for Environment, Climate Change and Energy during the trip. He will see Kalyon Enerji’s 1.35GW Karapinar solar project first-hand; […]
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Market talks worst case scenarios for energy supply and costs ahead of winter
Topics explored include: Oil remains stuck and while higher prices today aren’t exceptional, the backdrop is one of outlook vs near term supply. Product prices become a hot topic Gas prices surge ahead of Norwegian strikes that will impact UK supplies, with the Norwegian Government questioning such action during an energy crisis Concern of the […]
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Electric generators among EU goods that have tax and VAT waived for Ukrainians
The European Commission has adopted a decision that will enable member states to temporarily waive custom duties and VAT on the imports of goods, including electric generators, for Ukrainians. The measure, which was requested by member states, will apply retroactively from 24th February 2022 and will be in place until 31st December 2022 for “life-saving […]
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French scheme to support energy intensive firms granted EU approval
A €5 million (£4.3m) French scheme to support energy-intensive companies in light of Russia’s invasion of Ukraine has been granted approval by the European Commission. France notified the Commission under the Temporary Crisis Framework of the measure, under which direct grants will be provided for additional costs due to the increases in natural gas and […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas