News
News
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UK signs £1.7bn clean transport deal with Turkey
The UK has signed a £1.7 billion clean transport deal with Turkey to build an electric railway line to decarbonise Turkish travel. UK Export Finance (UKEF) will guarantee the £1.7 billion loan to construct the 503km railway. This is the first time in more than 160 years that a UK-supported rail transaction has happened in […]
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Shell unveils new plan for gas field project in North Sea
Shell has today unveiled an amended plan for the development of a gas field that had been previously rejected by the Offshore Petroleum Regulator for Environment and Decommissioning in October. The plan is for the development of the Jackdaw field in the North Sea – gas from Jackdaw will come ashore in St Fergus and […]
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“Seizure of Ukraine’s nuclear is dangerous”
The Russian capture of Ukraine’s nuclear plants is dangerous. That’s the suggestion by Eugene Pichkalov, Chair of the non-profit organisation IEEE Ukraine Section who spoke to ELN about Ukraine’s energy system which is under attack since 24th February. Mr Pichkalov said: “In Mariupol, there is a big tragedy because Russians bomb civilians and children. They […]
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Lambeth launches £4.2m scheme to reduce residents’ energy bills
A total of 982 socially-rented houses in Lambeth will be fitted with energy efficiency measures to provide energy savings and cut emissions. The scheme includes measures such as installing cavity wall, internal wall, loft, or underfloor insulation, draughtproofing, window replacements and installation of solar panels. It is estimated that the scheme will save residents an […]
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Utility Warehouse appoints OVO’s executive as CCO
Utility Warehouse (UW) has announced the appointment of David Walter as the new Chief Commercial Officer (CCO) of the company. Mr Walter was previously VP of Commercial at OVO. He has also worked for SSE, and Centrica in a broad range of Commercial and General Management roles. Stuart Burnett, Co-Chief Executive Officer at Utility Warehouse, said: […]
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‘Historic milestone’ as Ukraine connected to European power grid
The electricity grids of Ukraine and Moldova have successfully been synchronised with the Continental European Grid. It is a historic milestone for the EU-Ukraine relationship, as the country is now part of Europe in this area, according to the European Commission. The trial project will enable Ukraine to keep its power system stable and decouple […]
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Exposure to leaded petrol ‘lowered half of Americans’ IQ points’
Exposure to vehicle exhaust from leaded petrol during childhood ‘stole’ a collective 824 million IQ points from more than 170 million Americans, about half the current population of the US. That’s one of the findings of a new study by Aaron Reuben, a PhD candidate in clinical psychology at Duke University in North Carolina in […]
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Will India buy discounted Russian oil?
While many countries have already sanctioned Russian oil and gas, India is reportedly considering buying crude oil from Russia at a discount. According to Reuters, two Indian officials confirmed the considerations in a move that could be seen as a sign that Delhi wants to keep its links with its trading partner. That comes after the […]
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Prepayment customers ‘could face bills of £428 per month by January 2023’
The future looks bleak for millions of households which are predicted to face skyrocketing energy bills as a result of the ongoing war between Russia and Ukraine. Charity Fuel Bank Foundation predicts that energy costs for customers with prepayment meters could peak at £428 a month by January 2023 as the conflict between the two […]
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Norway’s Equinor halts trading in Russian oil
Norwegian energy giant Equinor has announced it will stop trading in Russian oil and oil products as it starts the process to exit its projects in Russia following the invasion of Ukraine. The company has confirmed it will not enter any new trades or engage in transport of oil and oil products from Russia. Equinor […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas