The UK’s government must offer higher prices for offshore wind power generation or miss the capacity targets it has set itself, climate think tank Ember has warned. The UK incentivizes new wind and solar capacity by guaranteeing minimum long-term prices for the energy produced from such installations via contracts for …
Read More »The UK is Cutting Red Tape to Build a Power Grid that Runs on Wind, not Gas
The UK will trim regulations for new power grids to speed up the construction of infrastructure vital to source more of the country’s electricity from wind. The Office of Gas and Electricity Markets — known as Ofgem — published a series of policy changes Thursday that will help ramp up …
Read More »UK Royal Navy Officials Involved in Nord Stream Terrorist Act
The Russian Ministry of Defense (MoD) has stated that UK Royal Navy officials took part in the planning and implementation of a terrorist attack on the Nord Stream network in the Baltic Sea on September 26th. “According to available information, Royal Navy representatives took part in the planning and implementation …
Read More »More than 5 Million People in UK Go without Food to Pay Energy Bills
Millions of Britons have faced impossible choices in recent months as the cost-of-living crisis has worsened, with 5.6 million people, or 11%, having gone without food because of the rising cost of living as energy and food prices soar, the Money Advice Trust charity said in a new report on …
Read More »Economists Warn Energy Bill Price Caps could Lead to Blackouts in UK
Economists are warning prime minister Liz Truss’s decision to freeze energy bills for everyone in the UK at £2,500 raises the risk of blackouts. Experts at the economic think tank the Institute for Fiscal Studies (IFS) said energy supplies may run dry due to the government propping up energy spending. …
Read More »Britain’s New Prime Minister has a $150 Billion Plan to Freeze Energy Bills
Liz Truss, the Conservative candidate who won the race to be the UK’s next prime minister, has been considering plans in recent days to spend $150 billion (£130 billion) over the next year and a half to freeze household energy bills at their current levels, officials and advisers to Truss …
Read More »UK Plans on Power Outages this Winter
The UK is planning on running short on natural gas this coming winter, resulting in blackouts, according to Bloomberg sources familiar with the government’s plans—even with emergency coal-fired power plants in operation. The UK, under its “reasonable worst-case scenario”, is planning on exceptionally cold weather, necessitating energy conservation measures that …
Read More »Japan, U.S., U.K. Lenders Loan Kuwait $1 Billion to Boost Oil Output
Japan’s 3 biggest banks are teaming up with major U.S. and European lenders to loan $1 billion to help Kuwait increase oil output, seeking to calm energy markets roiled by Russia’s invasion of Ukraine, Nikkei Asia has reported. Mizuho Bank, Sumitomo Mitsui Banking Corp. and MUFG Bank are making the …
Read More »China-UK Study Shines New Light in Solar-Hydrogen Power Quest
A team of scientists in China and Britain have made what they say is a breakthrough in the quest to use sunlight to produce hydrogen, which can be used as a power source or in industry. In a paper published in the peer-reviewed journal Nature Communications last week, the scientists …
Read More »UK Launches Hydrogen Strategy
The UK Department of Business, Energy & Industrial Strategy (BEIS) launched August 17 the national hydrogen strategy. The UK is hosting the COP26 climate conference in Glasgow in November and the government is keen to show what it is doing to reach its net zero carbon goal. BEIS said the …
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