Energy

More closures following recent UK Energy crisis

More closures following recent UK Energy crisis

Emma Pinchbeck, Chief Energy Executive (UK) floods news headlines today following her statement that the recent energy crisis in the United Kingdom stands to effect our retail industry, and more. “Crisis in energy is an unusual black swan event”, she shared, “but we can expect to experience more under the current Energy and Climate plan.” …

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“People’s Energy is closing for trade”; the Scottish energy organisation announced after only 4 years, shortly followed by Utility Point and more.

“People’s Energy is closing for trade”; the Scottish energy organisation announced after only 4 years, shortly followed by Utility Point and more.

A disappointing week for energy following the bust of PfP Energy and MoneyPlus Energy, another two suppliers have gone under this week with both Utility Point and People’s Energy announcing to cease in trade.   The closing of People’s Energy will affect nearly 220,000 domestic customers and more than 350 thousand others, though it is …

“People’s Energy is closing for trade”; the Scottish energy organisation announced after only 4 years, shortly followed by Utility Point and more. Read More »

Oil prices dropped this week due to IEA announcement

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Reuters London reported on August 12 that oil prices declined on Thursday following the IEA’s comment that the Delta variant of the Coronavirus would slow the recovery of global oil demand.  The IEA’s predictions for the second half of this year have been revised upwards to account for some unforeseen changes. The organization predicts an …

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Myth: Busted. Irish Petroleum Industry Association confirm that there is no risk of Covid-19 spreading through our petrol pumps.

Myth: Busted. Irish Petroleum Industry Association confirm that there is no risk of Covid-19 spreading through our petrol pumps.

A number of text messages found on the likes of WhatsApp, Facebook and other social media found that many drivers in the UK fear the virus rapidly spreading through petrol pumps. These posts are creating a sensation that petrol pumps around the UK could be acting as ‘super-spreaders’ of the new virus, with hundreds of …

Myth: Busted. Irish Petroleum Industry Association confirm that there is no risk of Covid-19 spreading through our petrol pumps. Read More »

Seven UK AGR nuclear plants will be decommissioned by 2030, new arrangements made with EDF Energy

Seven UK AGR nuclear plants will be decommissioned by 2030, new arrangements made with EDF Energy

The plans to safely and efficiently decommission seven advanced gas cooled reactors have been agreed between EDF, the UK Government. This new partnership will save taxpayers around £1 billion as they work together on this project.   The latest arrangement means EDF will aim to shorten the time it takes to safely remove the fuel …

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Two biomass plants brought to the UK by Octopus Renewables

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Octopus’s plans are twofold: firstly by taking an active role through investment as others develop new technologies that will make cities cleaner while supporting economic growth; secondly, it has established Octopus Connections with Nest Investments (a pension fund managing £5 billion of assets) so ordinary people can benefit from this work too.    These funds …

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13bn wind energy investment sees the United Kingdom top energy investment ranking in 2020

13bn wind energy investment sees the United Kingdom top energy investment ranking in 2020

The UK has created a reputation for being at the top of Europe in wind-power investments, with an estimated €13 billion (£11.2bn) invested last year alone into new installations to make it number one on WindEurope’s overall investment rankings this year. The organization estimates that European countries are investing more than ever before – and …

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Electricity framework is undermining wholesale markets and creating a reliance on government decision-making

Electricity framework is undermining wholesale markets and creating a reliance on government decision-making

The UK electricity market is not functioning effectively and is progressively undermining wholesale electricity markets and creating a perpetual reliance on government decision-making according to a new report from the Energy Systems Catapult (ESC). Rethinking Electricity Markets is an ESC initiative to develop proposals to reform electricity markets so that they enable innovative, efficient, whole energy system decarbonisation. …

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Facebook announces 10th and 11th data centers at Prineville, Oregon campus amid renewable energy fight – DCD

Facebook announces 10th and 11th data centers at Prineville, Oregon campus amid renewable energy fight - DCD

The Prineville Data Center is supported by 100 percent renewable energy, including two solar projects located in Oregon. However, recent regulation changes could affect Facebook’s ability to offset its use of fossil fuels and prevent it from using energy certificates in the state. Currently, the social network buys energy from Pacificorp and uses what is …

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Natural Gas Pipeline In Venezuela Explodes | OilPrice.com

Natural Gas Pipeline In Venezuela Explodes | OilPrice.com

A section of a natural gas pipeline in Venezuela exploded on Saturday, which the country’s energy minister blamed on an attack, Reuters reports, citing a document produced by state energy company PDVSA. According to the same document, PDVSA had to suspend operations at the reinjection plant that the pipeline supplied with gas to stop the …

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