Europe recalibrates, China accelerates and US slows in EV transition
EY forecasts Europe’s EV sales to surpass petrol and diesel by 2028 Europe is recalibrating its approach to electric vehicle (EV) adoption as China extends its lead and the United States falls behind, according to new analysis from EY. The latest EY Mobility Lens Forecaster, an AI-powered model tracking light duty vehicle sales through 2050, […]
North Sea jobs on the line right now warns OEUK
Industry warns UK tax regime risks jobs, emissions and energy security Offshore Energies UK (OEUK) has warned that immediate reform of the Energy Profits Levy (EPL) is needed to safeguard jobs, investment and energy security, after Ineos confirmed it will cease investing in the UK. The decision follows the closure of its Grangemouth refinery, costing 430 jobs, with […]
Winchester’s first biomethane facility will cut emissions and boost resilience
Biomethane plant powers homes, cuts emissions and supports local farmers Acorn Bioenergy has officially launched Winchester’s first anaerobic digestion (AD) facility, marking a major step in the city’s transition to renewable energy. The plant at Three Maids Hill will produce over 120 GWh of biomethane annually – enough to heat more than 9,000 homes – […]
UK powers ahead with £9m battery tech boost
New £9m battery research to cut manufacturing time and boost UK’s energy storage edge The Faraday Institution has committed £9 million to two battery research projects aimed at tackling production bottlenecks and developing the next generation of energy storage for transport, grid and aerospace sectors. The investment follows the UK government’s £452 million Battery Innovation […]
Red Sea cable cuts highlight need for subsea resilience
On Friday, IMCA warned governments to prioritise subsea resilience after Red Sea cable cuts disrupted global connectivity On Friday, the International Marine Contractors Association (IMCA) warned governments to prioritise subsea resilience after multiple cable cuts in the Red Sea disrupted internet access across Yemen, the Gulf, India and Pakistan. According to AP News, the outages affected major international […]
Is Ofgem’s ’empty’ Canary Wharf office costing taxpayers millions?
Work from Home means office is costing £10,000 daily with hardly a fifth of staff at desks Ofgem has spent nearly £4 million on its London headquarters despite most of its staff working from home, according to The Telegraph. The energy regulator pays £1.9 million in annual rent for its Canary Wharf office, with a further […]
Did Starmer want to shift Miliband in reshuffle?
Reports say Energy Secretary refused moving in Cabinet Reshuffle Ed Miliband reportedly refused to leave his post as EnergySecretary, rejecting an attempt by Sir Keir Starmer to move him to a different role in the recent cabinet reshuffle. After Friday’s resignation by Angela Rayner, the Prime Minister has set about shifting his cabinet – but […]
Electric London black cabs get £40m from private equity giant
Sherbet secures record funding to scale fleet, expand tech and take iconic taxi global Electric taxi company Sherbet has secured up to £40 million from private equity firm Hoplon Investment Partners, marking the largest-ever investment in the history of London’s licensed taxi industry. The growth capital will help Sherbet scale its electric fleet from 550 to […]
EU vows to cut off Russian gas within three years
EU says by 2028 it will ditch all Russian imports and turn to the US instead The European Union is sticking to its plan to cut off Russian oil and gas by 2028 and boost energy ties with the US, despite pushback from some member states, Reuters reports. EU Energy Commissioner Dan Jørgensen confirmed the deadline in […]
We’ve used less energy than expected!
Researchers got it wrong 20 years ago – the UK has used less energy but also missed out on emissions cuts A new report by the Tyndall Centre for Climate Change Research has revealed that the UK has used significantly less energy than most experts anticipated 20 years ago — but the opportunity to capitalise […]
