BP announced that it will invest up to £18 billion in the UK’s energy system by the end of 2030 to help the country complete its energy transition, improve energy security, and reach net zero. BP is one of the largest oil and gas producers in the UK and, through the investment, it aims to […]
BP will invest up to £18 billion in UK energy transition Read More »
The UK government has a plan to triple the country’s nuclear capacity by 2050. To achieve that, the UK has begun talks with South Korea. If the negotiations are successful, South Korea will build a new generation of nuclear power stations in the UK. According to Euronews, ‘British business Minister Kwasi Kwarteng has met state-owned
South Korea might get involved in building nuclear power plants in the UK Read More »
The UK government has big plans for nuclear power. While renewables have played an increasingly large role in our nation’s energy fuel mix over the past few years, the government is also taking active steps to address the UK’s ailing nuclear infrastructure. All of the currently active nuclear reactors in the UK are scheduled to
Government Backs Small Nuclear Reactors Proposed by Rolls-Royce Read More »
The short answer is that all the signs point to yes. On Wall Street they have a saying “Ignore the noise”, and this is what you will need to do to ensure you make the right decisions regarding your energy tariff. During the coming months the public will be inundated with information and misinformation about
Will Energy Prices Continue to Rise in 2022 and What To Do About It? Read More »
The UK has been shaken by the recent news of the energy market crisis. The main reason for the crisis is that wholesale prices of gas have increased by 250% since January, and by 70% since August. This graph shows the hike in gas prices. Stuck between these increased costs and the costs they have
UK Energy Crisis: Suppliers going bust & what can customers do? Read More »
The Energy Price Cap sets the maximum that the energy suppliers can charge and it aims to protect customers from overplaying. The new Price Cap is just about to go into effect on the 1st of October and will increase the bills with 12%. The government usually adjusts the Energy Price Cap every year in
National Grid in the US announced the plan to decarbonise heating systems in New York state and Massachusetts by 2050. It will be possible to eliminate fossil fuels by using electric heat pumps more and sourcing more renewable natural gas. Reuters reported that ‘National Grid plans to have New York and Massachusetts using 100% fossil-free
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In 2019, the UK became the first country to impose legislation geared towards bringing greenhouse emissions to net-zero by 2050. The energy regulator Ofgem has been a key driving force in helping to promote a sustainable future for our energy industry. Now, Ofgem has teamed up with the International Energy Agency (IEA), International Renewable Energy
If you’ve had to rent or sell a property in the last decade, you’ve almost certainly needed an Energy Performance Certificate (EPC). This is a document that provides an objective assessment of how much energy a property uses, and what can be done to improve its energy efficiency. It uses a simple grading system with
How can the government help landlords improve their Energy Performance Certificate? Read More »
As Europe is facing rapidly increasing energy prices, as well as gas shortages, countries across the continent are trying to come up with solutions to deal with the crisis. Balkan countries, for example, have started to turn to coal. While that can help overcome certain aspects of the ongoing crisis, it also risks compromising the
Balkan countries turn to coal to deal with the energy crisis Read More »