Search Results for "energy crisis"
Scaling up renewables: A holistic approach for a sustainable future
Firstly, the technology is well-established and has demonstrated its effectiveness for many years, offering substantial capacity for clean energy generation and contributing significantly to the country’s renewable energy targets. Moreover,…
More UK businesses offered energy bill relief packages
…financial support on energy bills through the Energy Bill Relief scheme, which has seen more than £7bn in Government funding help businesses cover rising energy costs. Some businesses, however, require…
What would the UK’s net-zero transition look like under Labour?
…publicly owned energy company, GB Energy, and promised to seek a site in Scotland for its headquarters. He floated an initial budget for GB Energy of £1bn per year. 60%…
IEA warns that global energy efficiency efforts are lagging
…their roles in the face of an escalating climate crisis and to ramp up investments in the energy transition. Nevertheless, research from IEA demonstrates that the global clean energy transition…
BRYT ENERGY & WATTSTOR PARTNER FOR LAUNCH OF ‘MARKETSHIELD’
…a reduction in their energy bill of 70%, an equivalent to £248 per kW per year. Stuart Taylor, our Head of Energy Transition, commented, “The net zero energy transition is only…
‘A wake-up call for Ministers’: UK’s green economy reacts to new CCC net-zero progress report
…the country, presenting an opportunity to boost energy security, revitalise UK industry, create jobs across the country and alleviate the cost of living crisis. To ensure that the UK maximises…
‘Arbitrary’ or a major retreat? Green economy leaders react to Labour U-turn on £28bn pledge
…on the benefits that this plan will bring – jobs in the areas that need them most, lower energy bills, a more energy-independent nation – to bring workers and communities…
Government sets end-date for UK’s oil and gas ‘windfall tax’
…to invest more heavily in energy efficiency and renewable energy to help reduce the need to subsidise energy costs in the future. At present, a new Energy Bill is passing…
IEA reports boom in global green energy jobs
Today, (15 November), the International Energy Agency (IEA) released the second edition of its World Energy Employment report, mapping energy sector employment by region, fuel, technology and value chain. The…
Report: Electric utility giants failing to keep 1.5C alive
…unveils how many of these companies are failing to invest in – and plan for – the energy transition. Less than half of the assessed businesses are investing in energy…
Six key opportunities for sustainable business leadership in an era of crisis
1) Proactive energy management A senior executive at an energy supplier told the roundtable that the energy price crisis “has really triggered many businesses – and, indeed, households, to look…
Report: Renewables to exceed one-third of global electricity supply by next year
…generation, resulting in a drop in total CO2 emissions. According to the latest Statistical Review of World Energy report, energy-based global carbon emissions reached a record high with a 0.8%…
Businesses call on G7 to unlock ‘scalable and affordable’ energy storage solutions
…fuels to achieve net zero in energy systems by 2050 at the latest. “Energy storage is a crucial piece of the energy system decarbonisation puzzle. The first companies and investors…
From nuclear to heat pumps: What’s included in the UK’s new Energy Act?
Following on from the British Energy Security Strategy in April 2022, which significantly increased targets for deploying offshore wind, blue and green hydrogen and nuclear, then Energy Secretary Kwasi Kwarteng…
Enabling sustainable and resilient energy practices through intelligent building services
…Emissions from commercial real estate primarily result from energy usage, and in particular energy wastage. Fortunately, this offers us scope for rapid improvement. Of the 40% of emissions that commercial…
G20: Energy ministers fail to agree on renewables and fossil fuels ahead of COP28
…as key aims, including a doubling of energy efficiency improvement rates and a trebling of renewable energy capacity. The IEA recommends these milestones are met by 2030. While the energy…
Coal consumption reached an all-time high in 2022, IEA confirms
…largest single source of carbon emissions from the energy sector, and in Europe and the United States, the growth of clean energy has put coal use into structural decline,” said…
UK Government outlines plans to harness energy flexibility from EVs and appliances
…and backup gas-fired power plants. Some of the flexibility will come from shifting energy use patterns from industrial hubs and other large-scale assets such as grid-scale battery energy storage. However,…
From fossil fuel taxes to food funding: What happened at the Africa Climate Summit?
…up all the key outcomes from the Summit. Energy transition investments The International Energy Agency (IEA) has stated that, while Africa is rich in the metals and minerals needed for…
Low-carbon energy to be offered record £227m in next CfD auction
…supply chain disruptions against a backdrop of Covid-19, the energy crisis and Brexit; some projects have seen energy and raw material costs soaring by up to 40%. Whether the new…
empowering sustainable business
