Latest news
EU extends state aid scheme for companies hit by rising energy prices
The European Commission on Monday (20 November) extended by six months to June 2024 a scheme enabling EU countries to help companies hit by energy price spikes caused by Russia’s war on Ukraine.
read more... 21/11/2023
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National Grid Launches Massive $52 Billion Infrastructure Overhaul
National Grid has announced a wide range of policies and investments aimed at upgrading the U.K. and U.S. grid systems and tackling the backlog of energy projects waiting to be connected. While this is optimistic for the energy infrastructure of the two countries, climate activists are concerned that some of the moves may deter investment in renewable energy projects as the connectivity outlook remains uncertain. In addition, energy experts have repeatedly stated the enormous magnitude of the task of upgrading the U.K. and U.S. grid systems, with a multitude of challenges standing in the way of achieving the goal.
read more... 20/11/2023
Energy price cap to increase by 5% in January
Energy consultancy Cornwall Insight has unveiled its final forecast for the January to March 2024 Default Tariff Cap, projecting a 5% rise to £1,931 for a typical dual fuel household.
read more... 17/11/2023
Sweden Eyes Nuclear Power Buildout For Low-Carbon Energy Security
Sweden will build two new nuclear reactors by 2035 in a hedge on low-carbon energy security, with 10 new reactors hoped for by 2045.
read more... 17/11/2023
Construction starts on electricity link between France, Ireland
Construction on a high-voltage subsea cable able to carry enough power for 450,000 homes, with the aim of boosting energy security and helping to reduce bills, began on Monday between France and Ireland.
read more... 14/11/2023