Katarzyna

BP will invest up to £18 billion in UK energy transition

BP will invest up to £18 billion in UK energy transition

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 …

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South Korea might get involved in building nuclear power plants in the UK

South Korea might get involved in building nuclear power plants in the UK

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 …

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Government Backs Small Nuclear Reactors Proposed by Rolls-Royce

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 …

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Will Energy Prices Continue to Rise in 2022 and What To Do About It? 

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 …

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National Grid is planning to decarbonise by 2050

National Grid is planning to decarbonise by 2050

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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UK Government Joins World’s First Global Regulatory Body to Accelerate Green Energy Transition

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 …

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How can the government help landlords improve their Energy Performance Certificate?

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 …

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Balkan countries turn to coal to deal with the energy crisis

Balkan countries turn to coal to deal with the energy crisis

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 …

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