Carbon capture patents rise for fifth year running as China aims to mitigate reliance on fossil fuels November 22, 2021 Global patents for carbon capture and storage have risen 22 per cent, increasing for the fifth year in a row amid heavy coal usage from China.
UN crowns nuclear as lowest carbon electricity source November 22, 2021 Nuclear power has been ranked as the lowest carbon electricity source and appears to back UK plans to expand its infrastructure
Oil toils: Prices slide to seven-week low as Covid-19 cases surge across Europe November 21, 2021 Oil prices slide to seven week lows amid rising Covid-19 cases and positive noises from Japan regarding releasing reserves.
Energy crisis: Avro Energy collapsed owing £90m to customers November 21, 2021 Avro Energy owed £90m to customers when it collapsed according to its adminsitrators.
Google searches for ‘energy bill help’ soar three thousand per cent after two more firms go bust November 19, 2021 Google searches for ‘energy bill help’ exploded over three thousand percent in the UK on the same day two more energy suppliers collapsed.
Two more energy firms collapse amid soaring wholesale prices November 16, 2021 Neon Energy and Social Energy Supply have ceased trading, leaving 35,000 stranded customers in need of rescue from Ofgem. Skyrocketing wholesale prices have now caused 21 firms to collapse since September. The energy crisis has caused the number of suppliers UK market to halve as firms struggle to make up the costs. Neon Energy is [...]
Fuel crisis continues as diesel hits record 150p milestone at the pumps November 15, 2021 The average price of diesel is more than £1.50 a litre for the first time ever, according RAC’s Fuel Watch data. Diesel prices rose to 150.50p during the weekend, while unleaded petrol soared to 146.53p, with motorists suffering record charges at the pumps for three consecutive weeks. The cost of filling up a 55-litre petrol [...]
Exclusive: En+ chairman and former minister Lord Barker warns ‘don’t expect a big bang’ from COP26 November 14, 2021 Many eyes were on Lord Gregory Barker of Battle earlier this week, as ‘his’ global energy giant En+ was at the heart of COP26’s complex ecosystem of executives, government reps, lobbyists, NGOs and activists in Glasgow. Lord Barker was appointed independent chairman of the En+ Group board of directors in October 2017, just before the company’s [...]
Fuel Power: Ministers could gain control of downstream oil amid petrol price crisis November 12, 2021 A cross-party group of MPs has conditionally backed a government bill giving ministers control over the downstream oil industry. The Business, Energy and Industrial Strategy (BEIS) committee has lent its support to government plans allowing ministers to take control of importing, storing and supplying petroleum products in the UK. Powers include the right to request [...]
Belarus threatens to cut off Europe’s gas supplies November 11, 2021 The energy supply crisis has moved from crisis to crisis and tyrant to tyrant after Alexander Lukashenko threatened to cut gas into Europe via Belarus, if the EU imposes further sanctions on his country for its treatment of migrants. The threat was enough for prices to rise again following a brief reprieve earlier this week [...]