News
News
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‘The four Ds are changing the nature of how energy is bought and sold’
Decarbonisation, decentralisation, digitisation and democratisation are coming together to change the nature of how energy is bought and sold. That’s according to Jon Ferris, Strategy Director of Electron, who told ELN about the impact new technologies and business models were already having on the market. He said decarbonisation is vital to limit global warming to […]
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Global resource consumption ‘to double by 2060’
By 2060, global consumption of raw resources is set to nearly double to 167 gigatonnes. That’s according to a new OECD report, which warns as the global economy expands, living standards rise and world population soars to 10 billion people, it will be mirrored by the projected increase in the extraction and processing of raw […]
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Floating wind farm in Portugal granted €60m EU loan
The European Commission is supporting a floating wind farm in Portugal with a €60 million (£53m) loan. Windplus – a joint venture between EDP Renewables, Repsol and Principle Power – will use the loan for the 25MW project, located 20 kilometres off the coast of northern Portugal. It is expected to generate enough power for […]
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Government ‘must support clean energy jobs in the North of England’
The north of England could see 46,000 new green jobs by 2030. That’s according to leading think-tank the Institute for Public Policy Research (IPPR), which has called on the UK government to help communities that have been disproportionately affected by coal and gas job losses to get involved with clean energy employment. It warns the […]
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EBRD provides $12.5m boost for Armenian green investment
The European Bank for Reconstruction and Development (EBRD) has provided a $12.5 million (£9.58m) boost for green investment in Armenia. The move will offer businesses more opportunities to invest in low carbon technologies as a result of the money being provided to Ameriabank, which will in turn lend financing to small and medium-sized enterprises (SMEs) […]
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Smart charging ‘could cut cost of adopting EV taxis across London’
London’s adoption of electric taxis means network upgrades are required – smart charging could reduce the cost of new investments by up to 70%. That’s according to research by UK Power Networks (UKPN), which warns without smart charging, increasing charge point usage could add 220MW to demand levels across the region by 2033, equivalent to […]
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BP starts up Gulf oil field ahead of schedule and under budget
Energy giant BP has announced it has started up an oil field expansion project in the Gulf of Mexico four years ahead of schedule and 15% under budget. The Thunder Horse Northwest Expansion project is expected to boost production by an estimated 30,000 barrels of oil equivalent per day boe/d at its peak. It takes […]
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Is going vegan a big mis-steak?
Is going vegan a big mis-steak? The Muswell Hill populace is divided – we spoke to the local people living and working around our office to find out more about their views on reducing meat consumption for the sake of the environment. Article source: http://www.energylivenews.com/2018/10/19/is-going-vegan-a-big-mis-steak/
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National Grid ‘must provide right environment for decarbonisation’
National Grid and Ofgem must provide the right environment for energy users to adopt low carbon technologies and disruptive business models. That’s the verdict from Paul Dight, Partner at Addleshaw Goddard, who told ELN that as traditional consumers become more engaged and informed ‘prosumers’, they are taking proactive steps to optimise their energy usage, buy and […]
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UK MPs call for all new vehicles to be zero emission by 2032
The UK Government is being urged to bring forward the ban on new petrol and diesel cars by eight years. MPs on the Business, Energy and Industrial Strategy (BEIS) Committee believe the government’s current 2040 target to phase out the sale of new “conventional” petrol and diesel cars and vans and to require new vehicles […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas