News
News
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Hold your breath: Ofgem to reveal the new price cap tomorrow!
Ofgem will reveal the much-anticipated new price cap tomorrow morning. The regulator brought forward the date of the announcement which was previously scheduled to take place on Monday 7th February. In just a few hours from now, customers will learn what increase they are about to see in their energy bills from April 1st. Analysts […]
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Jacobs to explore green hydrogen at RWE South Wales plant
Professional services company Jacobs has been selected by RWE to investigate the production and supply of green hydrogen in South Wales. It has secured a four-month contract to conduct a feasibility study on the installation of a 100MW electrolyser at RWE’s Pembroke Power Station. The study will also look into how green hydrogen can be […]
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Prince Charles gets fusion energy demonstration
Prince Charles witnessed first-hand the UK Atomic Energy Authority’s (UKAEA) fusion energy experiment in Oxford and how key the technology could be in our fight against climate change. Fusion energy does not release carbon and offers an almost limitless green electricity source – but this does not come without challenges. The Prince of Wales looked […]
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Shell acquires Powershop Australia
Shell has completed the acquisition of Powershop Australia, an online energy company with more than 185,000 customers. The acquisition will see Powershop operate as a wholly owned subsidiary of Shell and represents a further step in the company’s expansion in Australian renewables. Shell has not disclosed any financial details of its acquisition but has stressed […]
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Classic Minis turned into electric cars – it’s happening
Classic Minis may not be having their doors blown off – but electric motors are on the cards! BMW Group, which owns Mini, has launched ‘Mini Recharged’; converting the classic British timepiece into sustainable electric vehicles (EVs). The idea began with Mini’s team at its plant in Oxford, who offered a service of taking old […]
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Boris says he’ll act on business energy concerns
Prime Minister Boris Johnson was under fire earlier today in the House of Commons following Sue Gray’s report and ‘Partygate’ allegations. He stressed that this situation would not detract from the issues at hand regarding energy, stating: “We not only need to address consumer energy costs, we need to address business and industrial energy costs […]
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Equinor’s Martin Linge offshore field officially opened
Norwegian Energy and Petroleum Minister Marte Mjøs Persen has officially opened the Martin Linge field in the North Sea. The recoverable resources are estimated at around 260 million barrels of oil equivalent and at plateau production in 2022, the field is expected to produce around 115,000 barrels of oil equivalent, mainly gas and condensate. Martin […]
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Ex Ørsted chief joins bp
bp has hired the former Asia-Pacific Chief of the Danish energy giant Ørsted to lead its new offshore wind division. Matthias Bausenwein as Director for the Asia Pacific region for Ørsted was based in Taipei, Taiwan and worked in this role for five years. He joined Ørsted in 2013 and before that he worked for […]
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FortisBC proposes to provide 100% renewable gas to all new homes
FortisBC Energy has put forward a proposal to the British Columbia Utilities Commission (BCUC) to provide 100% renewable gas to all new homes. Under its plan, every newly-built home connecting to the gas system would automatically receive renewable gas for the lifespan of the building, helping to dramatically reduce greenhouse gas emissions without changing the […]
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Are we all living in a pandemic of fuel poverty?
With analysts forecasting that the number of fuel-poor UK households could climb in the coming months, ELN looks at the scale of the ‘new pandemic’. Stew Horne, Head of Policy at Energy Saving Trust talked about “huge numbers” of additional households experiencing fuel poverty. Mr Horne said: “These are really extreme impacts on people. And […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas