News
News
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CBI calls on UK government to review green taxes
Business lobby group the CBI called on the government on Friday to undertake an independent review of its environmental taxes. Green taxes now make up some 8% of the UK’s tax revenue but many businesses feel that the current system is unnecessarily complex and a burden on competitiveness. In a new report, Solving a Taxing […]
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UK company gives a hand to an efficiency world record
Guiness World Records has handed out an energy efficiency world record to a UK company for its hand-dryer for the first time. British manufacturer SAVORTEX’s Vortex 550 EcoSmart has achieved the world record for “the most pairs of hands dried using 30 kJ of energy”. The hand-dryer successfully dried four pairs of hands, which had […]
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Starbucks and Staples join Obama’s better buildings challenge
Starbucks and Staples are among six major US companies that are the latest to join President Barack Obama’s Better Building Challenge. The initiative, which was launched last year, encourages private sector organizations to commit to reducing energy use in their facilities by at least 20% by 2020. The latest signatories to the scheme, Starbucks, Staples […]
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UK economy will benefit from offshore wind, says report
The offshore wind sector could boost the UK’s GDP by 0.4% by 2020 and support more than 97,000 jobs, according to a report by the Centre for Economics and Business Research (CEBR). The report, commissioned by Mainstream Renewable Power, says that by 2030 the sector could be contributing 0.6% to GDP, supporting 173,000 jobs and […]
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SolarCity and US Bancorp announce $250 million solar project fund
SolarCity and US Bancorp have announced a $250 million fund for residential and commercial solar projects. The two organisations have been working together for three year and the latest fund is the sixth and largest aimed at homeowners, businesses, schools and government buildings. The setup allows SolarCity and US Bancorp to provide funding for the […]
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UK Energy Secretary says future is “inconceivable” without wind
UK Energy Secretary Ed Davey pledged his support for offshore wind power at the first Global Offshore Wind conference in London yesterday. He emphasized how the offshore wind industry has changed since 2002, growing from less than 3% of the UK’s electricity supply to around 10%. “We have more installed offshore wind than the rest […]
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Saab to be restarted as electric carmaker
National Electric Vehicle Sweden (NEVS) has acquired stalled carmaker Saab for an undisclosed amount saying it wants to use the company as a foundation for electric vehicles. NEVS is a Chinese-Japanese-Swedish consortium, including National Modern Energy Holdings headed by Chinese entrepreneur Kai Johan Jiang. The new venture will combine Swedish manufacturing and design skills with […]
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World’s largest wind farm opens for business
The world’s largest wind farm, the £1 billion Walney development off the Cumbrian coast is now fully operational, according to developers SSE, DONG Energy and investment group OPW. Yesterday, SSE confirmed that commissioning is now complete and all 102 turbines in the development are fully operational and generating electricity. At a total capacity of 367.2 […]
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UK government appoints Green Deal overseers
Service provider Gemserv has been appointed by the UK government as oversight body for its flagship Green Deal home energy efficiency scheme. The role will entail the registration of assessors, installers and providers for the scheme, as well as monitoring their compliance against the government code of practice. Gemserv and partners REAL won the three-year […]
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BOC latest to take stake in 2Co Energy’s CCS project
BOC is joining Samsung as the latest stakeholder in 2Co Energy’s Don Valley carbon capture and storage (CCS) project in South Yorkshire. Under the agreement, BOC and its parent company Linde will take a 15% share in the development and supply the carbon capture technology and air separation units (ASUs) for the new plant. The […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas