Economic Updates

Economic Updates that affect energy prices

Northern Ireland Electricity Network To Get £3bn Upgrade

Northern-ireland-electricity-upgrade

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 »

How Rising Energy Prices are Affecting Different Sectors of the Economy

Collage Maker 18 Apr 2023 02 01 PM 8895

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 »

Europe’s Hydrogen Installed Capacity Is Expected To Skyrocket in 2023

Collage Maker 18 Apr 2023 01 48 PM 37

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 »