11 September, 2023 – In response to AR5 of the CfD scheme, there has been an urge to expand the initiative for heating decarbonisation projects. The CfD scheme has been effective in promoting low-carbon electricity generation and could be a useful tool for heat generation.
8 September, 2023 – Results for the latest round of Contracts for Difference have been revealed, with most projects allocated to solar and onshore wind. There is significant concern about why there have been no bids for offshore wind projects, with firms stating that rising costs had not been accounted for in this auction round.
7 September, 2023 – A report by the Aldersgate Group reveals that without strengthening green technology strategy within the industrial sector, the UK could lose £224 billion by 2050. At present, the UK is a world leader in clean energy investment, however, the UK is falling behind other countries including the United States.
7 September, 2023 – The Climate Group has urged the G20 who make up 85% of the global GDP, to make more radical plans and policies to phase out fossil fuels and aid the climate transition by creating better pathways to net zero with 1.5°C in mind.
6 September, 2023 – The offshore energy industry has made calls for private sector investments of up to £100 billion. This substantial investment is needed for the UK to meet its net zero targets by 2050 and to safeguard energy security in the UK.
1 September, 2023 – Octopus Energy has announced that they will buy shell household energy in the UK and Germany. This will see Octopus take over 1.4 million customers from Shell, meaning they will have a total customer base of 6.5 million. This is part of Shell’s plan to exit the domestic energy business which...
31 August, 2023 – An overhaul of the current requirements under the UK’s Boiler Upgrade Scheme is due in an effort to make heat pump installations more attractive. The Government are looking into removing the energy efficiency standard needed to access the funding so that more inefficient homes can access the maximum financial aid they...
25 August, 2023 – The Department for Energy Security and Net Zero (DESNZ) has reported that electricity that renewables had generated has grown by 10.5% between 2021 and 2022. This figure includes a mix of offshore and onshore technologies.
23 August, 2023 – Llyod’s Banking Group recently partnered with Mitie to work on a project aimed at reducing their carbon emissions. As a result, a ground source heat pump has been installed which is predicted to save up to 6,292,112kWh of gas consumption annually, as well as reducing 1,164 tonnes of carbon emissions per...
23 August, 2023 – The Office for National Statistics has referenced the recent fall in electricity and gas prices as having the largest impact on the fall of inflation to 6.8%.
