News
News
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SSEN’s flexible capacity skyrockets by 140%
Scottish and Southern Electricity Networks (SSEN) has reported a 140% increase in its flexible energy capacity. This rise represents a notable expansion in the availability of flexible energy options compared to previous procurement rounds. Following its flexibility tender in September 2022, SSEN has collaborated with five flexibility service providers, resulting in a series of flexibility […]
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Octopus’ offshore wind tentacles reach Norway, Sweden and South Korea
Octopus Energy‘s generation arm has today announced it has invested in Deep Wind Offshore, an international offshore wind developer with projects in Norway, Sweden and South Korea. Octopus aims to build 10GW of offshore wind capacity by 2032, including 2GW in South Korea. Deep Wind Offshore, founded in Norway, is backed by Norwegian shipping and […]
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Nearly 45% of Brits facing home breakdown repairs struggle without savings
Almost 45% of Britons say they lack adequate savings or an emergency fund to cover the costs of home breakdown repairs. The financial fragility exposes numerous homeowners to the possibility of facing difficulties when it comes to handling unexpected expenses for home repairs. These expenses could encompass various aspects such as boiler repairs, heating system […]
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£440m allocated for energy bill support returned to Treasury, MPs told
Adam Scorer, Chief Executive of National Energy Action, addressed the UK Parliament’s Commons Energy and Climate Change Committee (CommonsESNZ), revealing that £440 million allocated for energy bill support had been sent back to HM Treasury. During a session by the Energy Security and Net Zero committee, prominent figures from consumer support organisations, including Adam Scorer, […]
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UK tyre recycling plant gets green light
Wastefront has obtained an environmental permit for its flagship tyre recycling site situated at the Port of Sunderland. The Sunderland plant is expected to produce recovered carbon black (rCB) from around 20% of the UK’s annual supply of end-of-life tyres. Utilising commercial technologies, Wastefront will convert discarded tyres into other resources, including biofuels and rCB, […]
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Octopus Australia secures AUD$250m boost
Octopus Australia has today announced it has raised an additional AUD$250 million (£127m) in funds, with Rest, one of Australia‘s largest profit-to-member superannuation funds, joining the ranks of investors. This announcement coincides with the successful conclusion of the second round of fundraising for the Octopus Australia Sustainable Investments Fund (OASIS), the company’s flagship renewable energy […]
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EDF’s customer debt skyrockets by 36%
In the midst of ongoing volatility in the energy market, EDF has reported a 36% surge in customers in debt and as of the start of 2023, no agreed repayment plan is in place. New research conducted by EDF has shed light on the prevailing sentiment among the British public regarding the introduction of a […]
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Cables begin for 1.4GW Sofia Offshore Wind Farm
Construction has begun at RWE‘s Sofia Offshore Wind Farm, a massive 1.4GW project. It involves installing undersea cables from the UK’s northeast coast to the Dogger Bank in the North Sea. Prysmian, the cable contractor, is using its Leonardo da Vinci vessel to lay the first high-voltage direct current export cable. This cable will transport […]
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NU hospitals and E.ON team up to cut 10k tonnes of CO2
Nottingham University Hospitals NHS Trust (NUH) has joined forces with E.ON for a 15-year energy efficiency initiative aimed at achieving ambitious environmental goals. The project, located at Queen’s Medical Centre in Nottingham, will feature a £15 million energy centre that utilises low carbon heating and cooling, incorporating four heat pumps and 64 boreholes reaching depths […]
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London’s electric nightmare
A sharp increase in e-bike and e-scooter fires has raised significant safety concerns in London, as firefighters grapple with more incidents in 2023 than during the entirety of the previous year. As of the end of August, the London Fire Brigade reported battling 104 e-bike fires and 19 e-scooter fires, surpassing the 116 total incidents […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas