News
News
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Global gas demand set for 2.5% growth in 2024
Global gas demand is anticipated to experience a 2.5% growth in 2024, equivalent to 100 billion cubic metres, according to the latest Gas Market Report from the International Energy Agency (IEA). The rise is attributed to colder winter weather and declining prices, fostering increased consumption in emerging economies. However, geopolitical uncertainties and supply-side challenges pose […]
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Heat pump applications skyrocket by 49%
The latest data indicates an increase of 49% in applications for heat pump installations through the government’s Boiler Upgrade Scheme (BUS). December figures from the previous year suggest a growing trend, attributed to a rise in grants for air source heat pumps announced by the Prime Minister in October. The BUS grants now stand at […]
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‘Only 1% of all garments produced get recycled’
More than half of everything produced is made of polyester. This is what Ietje Klaver, Head of Operations at sustainable fabrics company, PYRATEX told us in this week’s Net Hero Podcast. ‘The whole end of life [of garments] is one of our biggest challenges now in the fashion industry because I think what most people […]
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Leeds uni digs deep for geothermal gold
The University of Leeds has initiated a project, exploring the potential of geothermal heat as part of their net zero delivery plan. The project involves drilling eight geothermal boreholes at key locations on campus. James Dixon Gough, Head of Net Zero at the University of Leeds, said: “Testing new solutions is a crucial part of […]
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North Sea oil investments face 60% cash flow drop
Private equity firms invested in North Sea oil and gas could see a significant drop of over 60% in cash flow if global warming is limited to 1.7°C. That’s according to a recent report by Carbon Tracker, which highlights challenges for these firms amid a faster-than-expected energy transition, contrary to their current investment assumptions. Many […]
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UK invests £80.6m in green heating projects
A new green heating project has been unveiled, with nearly 2,000 homes and businesses expected to be powered by excess heat extracted from a sewer. This scheme aims to utilise waste heat from the town’s sewer, as well as heat from sewage and waste hot water, to fuel a new heat pump for Bolton’s first […]
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Month of free electricity for energy supplier’s customers with new tech
Utilita has launched an energy intelligence feature which provides detailed appliance cost breakdowns for customers. The technology promises to offer households an understanding of their energy consumption, allowing them to reduce electricity wastage by approximately 7% per year, saving approximately £55. This is the equivalent of 26 days of free electricity usage. This feature is set […]
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Nearly 5.3m in UK homes in debt to energy suppliers
New research by Citizens Advice reveals that 5.3 million individuals currently live in households with debt to their energy suppliers. The survey, including over 4,000 participants, indicates that over 2 million people in Britain may self disconnect this winter due to financial constraints, unable to top up their prepayment meters. Conducted in late 2023, the […]
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UK injects £1.3bn into Sizewell C
The UK Government has allocated an additional £1.3 billion to support the construction of Sizewell C. This funding, drawn from existing budgets, aims to facilitate early construction works and enhance local infrastructure around the Suffolk site. The announcement follows the triggering of the Development Consent Order (DCO) by Sizewell C on 15th January, paving the […]
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‘Two million Brits at risk of disconnection due to energy costs’
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Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas