News
News
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UK considers first advanced nuclear design in a decade
The Nuclear Industry Association has submitted a proposal for regulatory consideration of newcleo’s lead-cooled fast reactor, marking the first application for justification of advanced nuclear technology in the UK. Justification is a regulatory process mandating a government decision before introducing any new class or type of practice involving ionising radiation in the UK. It’s a […]
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Elexon to oversee support scheme for energy intensive industries
Elexon, the organisation responsible for managing the electricity wholesale market in Britain, is set to oversee a new support scheme targeting approximately 340 energy intensive industries across the country, starting this April. The scheme, a component of the British Industry Supercharger programme, seeks to alleviate the burden of network charges on electricity bills for these […]
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Call for action as support ends for 500k households excluded from energy cap
As Ofgem‘s latest price cap brings average household energy bills to a two-year low, concerns arise for over 500,000 households excluded from the cap’s protection following the conclusion of Government support on 31st March. The Energy Bill Discount Scheme, designed to assist these households, ended, leaving many reliant on communal heating networks vulnerable to unrestricted […]
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Ofgem seeks input on AI use in energy sector
Ofgem is asking for feedback on using artificial intelligence (AI) in the energy sector. Different groups such as industry players, technology firms, consumer groups and academics are encouraged to share their perspectives on how the UK energy system can responsibly and innovatively integrate AI, aligning with UK Government principles. Ofgem’s approach to AI is outlined in […]
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Battery electric vehicle registrations hit record high
The Society of Motor Manufacturers and Traders (SMMT) has reported a 10.4% increase in new car registrations for March, marking the best performance since 2019 and continuing the 20-month streak of growth. The upsurge is primarily attributed to fleet investment. Industry experts are calling for incentives to boost the adoption of electric vehicles (EVs), as […]
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UK start up announces massive battery projects
UK-based start-up, affiliated with the larger European energy group NatPower Group, has revealed plans to license three ‘gigaparks’ of large battery storage projects by next year, with ambitions to expand to ten more by 2025. By 2040, the company aims to develop over 60 gigawatt-hours of energy storage, comprising 15-20% of the UK’s total capacity. […]
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How are UK organisations making electrification decisions?
Their findings suggested that valuable information’s in short supply and that organisations are keen to allow others to test the water before taking the electrification plunge themselves. Only a quarter of surveyed organisations have appointed a provider to help them with electrification planning, fleet conversion or charging infrastructure implementation. Recognising the challenge but not the […]
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Octopus pays out £100m to customers in referral payments
Octopus Energy has launched a heat pump and solar referral programme to drive clean heating adoption and support net zero emissions. Nearly £100 million in customer referral payments will be distributed directly to customers, the company said. The new initiative offers £100 for referrals and discounts on installations. This announcement coincides with a surge in […]
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INEOS seals deal in Southern France
INEOS has completed the acquisition of TotalEnergies‘ stake in key petrochemical assets at Lavera in Southern France, consolidating control over Naphtachimie, Gexaro and Appryl. These assets were previously joint ventures between the two companies. This acquisition, announced on 5th July, encompasses one of Europe’s largest steam crackers, an aromatics business, a polypropylene business and various […]
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UK energy production hits record low – biggest drop since 1948
The UK’s energy production in 2023 declined by 9%, reaching its lowest level since records began in 1948. According to government statistics, the production was down by 36% from 2010 and 66% from its peak in 1999. Oil production hit a record low, while gas production marked its second lowest output. Nuclear output also saw […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas