Energy News
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Sinopec set to build ‘world’s largest’ solar-to-hydrogen plant
Chinese company Sinopec has begun construction on a solar-to-hydrogen project that it believes will become the largest in the world once completed. It has revealed that the site will produce 20,000 tonnes of renewable hydrogen each year by 2023 and it will invest more than $470 million (£352m) in building the electrolyser facility, which will […]
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PAC slams Green Homes Grant for dismal failure
The Public Accounts Committee (PAC) has slammed the Green Homes Grant voucher scheme, stating it ‘underperformed badly’ in its latest report. According to the report, only 47,500 homes were upgraded out of the original aim of 600,000 and nowhere near the number of jobs that were predicted were created. It also revealed that the project […]
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Customers worst hit by Storm Arwen to get paid more money by companies
Ofgem has today said it has agreed with energy companies to compensate and give more money to customers most impacted by the Storm Arwen. That means that the customers most affected could receive up to £140 a day for each day they’re off power until power is restored. As of today, there are nearly 10,500 […]
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EDF becomes supplier of last resort for third time this year
For the third time in a year, EDF has been appointed to take on customers of a failed supplier. This time, the company will take on supplying Zog Energy Ltd’s combined total of nearly 11,700 domestic customers. Earlier this year, EDF took customers of former suppliers Green Network Energy and Utility Point when they went bust in January […]
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Rolls-Royce and Airbus studying 100% SAF in conventional jet engines
Rolls-Royce and Airbus have joined forces for a study into the impacts of 100% sustainable aviation fuel (SAF) used in both engines of a commercial jet. They claim this is the first study to have investigated the use of 100% SAF in both engines on a commercial passenger aircraft – using an Airbus A350 powered […]
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TELCA 2021 Winners: Do The Right Thing
The Energy Live Consultancy Awards (TELCA) returned back in person at the IET at Savoy Place last night and celebrated the achievements of the best energy consultants in the industry. Business Energy Direct won the award in the category Do The Right Thing. Simon Askew, Managing Director of Business Energy Direct told ELN: “I don’t […]
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Nissan to invest £13bn into electric cars by 2026
Nissan plans to put electrification at the heart of its business, investing ¥2 trillion (£13.2bn) into electric vehicles (EVs) by 2026. The announcement is part of its 2030 Ambition, through which it plans to become a more sustainable and climate-conscious business. By the end of the decade, the Japanese car manufacturer is looking to produce […]
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Equinor to sell stake in Irish gas project for £326m
Equinor has agreed to sell its non-operated equity at the Corrib gas project in Ireland to Vermilion Energy. Vermilion is the current operator and has a 20% share of the project. Nephin Energy owns 43.5% and Equinor owns 36.5% but does not operate the site at all. Vermilion will pay $434 million (£326m) to take […]
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Storm Arwen battered one million homes and businesses
Storm Arwen brought widespread power cuts as it lashed parts of the UK with heavy rain, high winds and snow. It is estimated that nearly one million homes and businesses have been affected by the damage in the power network caused by extreme weather conditions. While more than 90% of customers have been reconnected, 66,000 […]
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UK’s largest water retailer grows its tree-planting, as they team-up with City Council
The trees are being planted during National Tree Week – the annual celebration of trees, which marks the start of the planting season that runs from November to March each year. Boosting tree-planting in the UK is part of the water retailer’s commitment to the environment, alongside other action they’re taking to help reduce water […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas