News
News
-
Rumours suggest Bulb’s collapse next week
Energy supplier Bulb serving an estimated 1.7 million customers could fall into administration next week. Sky News reports that ministers along with the energy regulator believe that the company could collapse in the following days. The reported collapse of Britain’s seventh-biggest energy supplier could mark the biggest insolvency during the energy crisis that has hit […]
-
COP26: Time to get serious about net zero
All eyes will be on Glasgow next month when world leaders come together for the long awaited COP26 summit. It will be a major moment for the UK in terms of climate diplomacy and a significant milestone for other international players. If we are to tackle the climate crisis, many believe it will be the […]
-
Achieving Net Zero: Future Proofing and Government Regulation – Q&A
When did Net Zero become a really hot topic for the Utilities Industry? Really it has just been over the past 5 years, Governments are increasingly imposing regulations on energy and utility companies to reduce their carbon footprint. In April 2021 the UK government set the world’s most ambitious climate change target into law to […]
-
UK becomes first G20 country to mandate large businesses disclose climate risks
The government has today announced its intention to make climate disclosures mandatory for the largest companies. The move is expected to make the UK the first G20 country to enshrine in law mandatory climate-related Financial Disclosures (TCFD) for Britain’s largest companies and financial institutions. Starting from 6th April next year, more than 1,300 of the […]
-
India says setting a net zero target is ‘not a solution’ ahead of COP26
India has rejected setting a net zero target, claiming that richer countries must accept their “historic responsibility” for climate change and set out more help for developing nations. Pressure has been heaved upon the world’s third-largest emitter ahead of the COP26 climate summit next week to set a date for carbon-neutrality, after pledges were made […]
-
British Olympians join Extinction Rebellion protest at Hampshire oil refinery
Two British Olympians joined a protest staged by Extinction Rebellion activists at what is described as the UK’s largest oil refinery in Hampshire. It is being reported that around 15 protesters arrived at the site at Fawley early in the morning today. The group included sailor Laura Baldwin and canoe slalom gold medallist Etienne Stott. […]
-
Green hydrogen revolution needs £13bn private investment to become a success
Around £13 billion of private investment is needed to deliver the government’s vision of a green hydrogen revolution. That’s according to new research from LCP, claiming that if this investment is not made, the aim of building 26GW of green hydrogen facilities by 2050 will not happen. The report does caveat this with the fact […]
-
Route map to achieve the paradigm shift to Net Zero and establish the UK Silicon Valley of Energy
The energy networks have the potential to be some of the most innovative businesses in the world according to Matt Hastings, Deputy Director of the Strategic Innovation Fund, UKRI who spoke at Energy Networks Association’s Innovation Conference (ENIC21) on 12th October and now available free and on-demand at https://l.eniconference.org/40DAEX However, the challenge facing the industry […]
-
‘None of the Cabinet ministers have installed heat pumps in their homes’
Just one week after the announcement of the government’s landmark Heat and Buildings Strategy it has been reported that none of the Cabinet ministers have heat pumps installed in their homes. The Telegraph approached each minister of the Cabinet Office to ask if they had a heat pump at home. According to the report, every […]
-
Australia commits to net zero by 2050 – but won’t cut fossil fuels
Australia has pledged to achieve net zero emissions by 2050. The leading coal and gas supplier’s Prime Minister Scott Morrison, however, confirmed the plan would not include the ending of fossil fuel sectors. This follows leaked documents from last week, revealing Australia had been reportedly urging the UN to relax the need to cut down […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas