Economic Updates that affect energy prices
In Japan, the ambitious decarbonisation targets and high investment returns are drawing interest from both local and international buyers. Mergers and acquisitions in Japan’s energy and utilities sectors have reached a new peak in recent years. 24 done deals in 2021 alone represents a new high since 2006. Not just this, but the value of …
As the prices of energy in Poland are going up due to the war in Ukraine and the ongoing energy crisis in Europe, the Polish government has been introducing reforms supposedly designed to solve the problems and keep the prices low. In the UK, one of the ways for energy consumers to ensure that they …
The Poland Energy Market – Everything you Need to Know Read More »
This month, the UK government confirmed a £3bn investment into the Northern Ireland electricity network, a move that is set to facilitate significant improvements in the region’s electricity transmission and distribution. This investment is ambitious and critical as it will support all our members every day for the next 10 years. The upgrade will significantly …
Northern Ireland Electricity Network To Get £3bn Upgrade Read More »
Soaring energy prices have resulted in a significant increase in energy bills, leaving many struggling to make ends meet. The impact of soaring energy prices is not limited to households, however, as different sectors of the economy are also feeling the pinch. This article takes a closer look at what parts of the economy are …
How Rising Energy Prices are Affecting Different Sectors of the Economy Read More »
In recent years, hydrogen has emerged as a promising alternative to traditional fossil fuels, as it can be produced from renewable sources and emits only water vapor when burned. Europe is at the forefront of this transition to a hydrogen-based economy, with plans to increase its installed capacity by a staggering 800% in 2023. This …
Europe’s Hydrogen Installed Capacity Is Expected To Skyrocket in 2023 Read More »
According to an influential advisory body, the Scottish government have been warned to increase its climate change ambitions immediately. The long term vision set out in a report by the Scottish National to build resilience has not led to real-world action with the Climate Change Committee stating that the fight against climate change had stalled. …
Due to Ukrainian War, Lebanon Might See Another Fuel Crisis As the war in Ukraine continues, consequences of the conflict can be felt not only in the region, but also in other parts of the world. In Lebanon, for example, there is a risk that the Ukrainian war will trigger another fuel crisis. Lebanon is …
The UK are looking to extend the life of a nuclear power plant by 20 years. Sizewell B in Suffolk was due to be decommissioned in 2035, but this is looking set to be extended. But why, and what has prompted this move? Sizewell B The UK government is exploring a 20-year extension on the …
