Latest news
National Grid plans £10m project to test hydrogen heating for UK homes
A facility will be built in the North West of England to test how hydrogen could be used to warm homes and slash emissions from industry
read more... 06/08/2020
Shetland link supplier announced
Hitachi ABB Power Grids has won the order from Scottish and Southern Electricity Networks Transmission, part of the UK energy major SSE plc, to enable Europe’s first multi-terminal high-voltage direct-current (HVDC) interconnection.
read more... 05/08/2020
E.ON forecasts reduction in energy bills of at least £85 from Autumn
The energy supplier says this change is due to the ‘dramatic’ fall in energy demand during the lockdown
read more... 05/08/2020
BP to spend $5B annually towards its net zero ambition
BP to cut fossil fuels output by 40% by 2030
read more... 05/08/2020
Daily (05.08.2020): Brent crude hit its highest settlement since early March on Tuesday, driven by the anticipation of a drop in U.S. stocks
Crude oil futures rose for a third straight session on Tuesday, driven by tumbling dollar, hopes of a new economic stimulus package in the U.S. and expectations that U.S. stockpiles drop again. Hence, Brent crude added 28 cents, or 0.6%, to settle at $44.43 a barrel, its highest close since March 6 At the same time, U.S. WTI crude rose by 69 cents, or 1.7%, to end at $41.70, its highest settlement since July 21.
read more... 05/08/2020