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UK energy bills predicted to rise by £194

Asset manager Columbia Threadneedle Investments estimates that UK families’ energy bills could increase by £194 a year with the energy price cap predicted to rise from £1,568 to £1,762 in October.

read more... 23/07/2024

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Harmony Energy to build France’s largest battery storage project

UK-based Harmony Energy has announced that it will commence construction on the Cheviré battery project, France’s largest battery energy storage system (BESS).

read more... 23/07/2024

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Daily (22.07.2024) Energy prices declined on Friday amid a global IT outage that disrupted trading activities

Oil prices fell on Friday due to China's faltering economy and a major computer crash. As a result, Brent crude decreased by 3%, closing at $82.63 a barrel, while WTI crude lost more than 3%, settling at $80.13 a barrel.

read more... 22/07/2024

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Global electricity demand growth to hit decades-high in 2024 and 2025

Global electricity demand in 2024 and 2025 is set to grow at the highest levels in the past two decades, thanks to robust economic growth, intense heatwaves and increasing uptake of technologies that run on electricity, according to a report released by the IEA.

read more... 22/07/2024

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Scotland pumps millions into carbon capture

First Minister John Swinney is set to visit a carbon capture and storage (CCS) facility in Aberdeenshire.

read more... 22/07/2024

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