Renewable power hits new high
Renewable energy generation hit a Q3 record in Europe, driven by wind and solar power, according to a new report Renewable energy generation achieved a record high in the European electricity market for the third quarter, according to a report by EnAppSys, an energy data analyst. The report analysed trends in the European electricity market from 1st July […]
World’s largest offshore wind farm powers UK grid for the first time
The Dogger Bank Wind Farm has generated its first power, with the installation of the initial turbine among the 277 turbines located 130 kilometres off the UK coast The Dogger Bank Wind Farm, set to become the world’s largest offshore wind farm, has achieved a significant milestone by producing its first power. Located 130 kilometres off the […]
Ofgem sounds alarm: Energy debt hits £2.6bn
Ofgem has launched a consultation to address the rising issue of energy debt, with potential measures including a temporary adjustment to the price cap to mitigate energy company insolvency risk Ofgem has initiated a consultation in response to the alarming rise in consumer energy debt. Figures obtained by Ofgem this summer reveal that energy debt has reached […]
Businesses urged to stay vigilant amid unstable energy market
The energy market has become increasingly volatile, prompting energy experts to advise businesses to stay alert and consider greener energy options. Businesses have been urged to remain watchful and explore greener technologies as the energy market continues to experience turbulence. That’s according to commercial energy and sustainability consultancy Advantage Utilities which attributes this volatility to unforeseen […]
Oil prices soar amidst Gaza conflict
Oil prices surged by 4% – experts have raised concerns that Middle East tensions stemming from the Israel-Gaza conflict could disrupt global oil supply chains Oil prices experienced a significant jump, rising by 4% on Monday, as concerns emerged about the potential impact of the ongoing conflict in Israel and Gaza on oil production in the […]
