Search Results for "energy costs"
Report: UK energy firms risk diverting £115bn overseas due to poor green policies
…the UK energy sector, collectively representing a turnover of £700bn, to gauge their perspectives on the current opportunities and obstacles to decarbonising the UK energy system. According to the report,…
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…
Wave energy crucial to UK’s clean power ambitions, report finds
…6GW of tidal and wave capacity each could help reduce energy system costs by more than £1bn annually. Additionally, co-locating wave and wind energy could reduce costs from by technologies…
Avoidable and botched: Green groups react to offshore wind omission in CfD auctions
…the accepted projects. Here, edie rounds up all the key reactions. Jess Ralston, Energy Analyst at the Energy and Climate Intelligence Unit (ECIU) said: “The renewables that were secured at…
Palm oil replacements and EV battery recycling: The best green innovations of October 2023
…use and energy and water intensity. A new way to store and move clean energy Stock image How can we get clean energy to where we need it? Today, solar…
SP Energy Networks: Medieval Glasgow heritage site goes green
…emissions, reduced energy costs and improved infrastructure, enabling it to focus on heritage preservation and community engagement. Investment/Savings: The project received £150,000 in funding from SP Energy Networks’ Net-Zero Fund,…
UK Government accused of ‘going backwards’ on energy security in past two years
So alleges the Energy and Climate Intelligence Unit (ECIU), which has set out new analysis highlighting policy gaps and project delivery delays around issues such as home energy efficiency, heat…
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…
‘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…
Zonal pricing: UK Government pledges cheaper electricity for those living near renewables projects
Energy Security and Net-Zero Secretary Claire Coutinho has today (12 March) set out proposed measures to shift to zonal pricing – whereby electricity costs differ regionally. She touted a £45-per-year…
Urgent action needed to build out energy storage and bolster Britain’s energy security, Lords warn
…on with it”. Committee Chair Baroness Brown said: “Since 2023, the Government has had a Department for Energy Security and Net Zero (DESNZ). Long-duration energy storage is critical for ensuring…
National Infrastructure Commission: UK should rule out hydrogen for home heating
…from £5,000 to £7,500. This came after then-Energy Secretary Grant Shapps cancelled plans to impose an annual levy on home energy bills to fund the development of low-carbon hydrogen. Opponents…
Apple and Nike spearhead new corporate clean energy procurement scheme
…Meta, PepsiCo and REI Co-op, in a bid to expedite the integration of clean energy into global supply chains. Nike’s chief sustainability officer Noel Kinder said: “The Clean Energy Procurement…
Eaton and The Florian Hotel: Innovative ‘Buildings as a Grid’ solution
…array and an Eaton xStorage battery energy storage system, the hotel overcame its inadequate grid connection. How the Project Works Peak shaving technology ensures efficient energy usage, saving costs while…
Energy, water and waste: What does the National Infrastructure Assessment recommend for the UK’s green economy?
…It states: “The cheaper operating costs of a lower-carbon energy system more than offset the high upfront costs of building it”. It adds: “An energy system dominated by electricity produced…
More renewable energy, fewer private jets for Ministers: Seven green announcements from the Labour Party Conference
…motion the creation of a public energy company, GB Energy. It would include stronger targets to rapidly scale renewable energy capacity, to support a target to phase out unabated gas-fired…
Net-Zero Awards: Shortlist of finalists revealed
…(DFS) Nesta – Money Saving Boiler Challenge VINCI Facilities & SMYTHS Toys – Energy Super Savers Workspace Group – Building-wide energy savings campaign Built Environment Project of the Year atNorth…
Can we keep sustainable products affordable in the cost-of-living crisis?
…efficient design. But even Ikea, Pflug admits, has “not been immune” to rising material costs borne from energy price hikes, pandemic-related supply chain disruptions and material scarcity. She says: “We…
‘A wake-up call for Ministers’: UK’s green economy reacts to new CCC net-zero progress report
…align the net-zero transition with its levelling up agenda and ambitions to grow the economy. Also documented in the report are a string of sector-specific policy gaps. In energy, for…
Report: Rising costs threaten wind power industry’s viability
This is based on a report published by the global insurance firm Allianz Trade, highlighting the rising struggles confining the wind energy sector including operating and financing costs, quality-control problems…
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