The UK Government is set to launch a new certification for hydrogen sourcing aiming to provide further transparency and “reliable” tracing of its production.
BP has detailed in a strategy update that the oil and gas giant will invest up to £54 billion ($65 billion) in its transition growth engines (TGEs) but has reduced its emissions reduction target by 2030 due to continued investment in oil and gas.
The Energy Networks Association (ENA) has called on the UK government to update the British Energy Security Strategy to include the deliverance of an energy storage strategy by the end of 2023 in the upcoming Spring Budget.
Customers based in the UK overpaid on energy bills in 2021 to 2022 by around £7 billion which could have been avoided via a “split market” marginal pricing scheme, a report by Carbon Tracker has said.
The UK Government has injected £32.5 million to implement clean energy solutions into various industrial sectors as part of the second phase of the Red Diesel Replacement Competition.
The UK has expanded international cooperation in the energy sector with the confirmation of long-term partnerships with both Colombia and the United Arab Emirates (UAE).
Last week saw the publication of the highly anticipated Net Zero Review, led by Chris Skidmore MP, which cited the need to increase the deployment and adoption of low carbon technologies in a bid to reach the UK’s net zero targets.
The Department for Business, Energy and Industrial Strategy (BEIS) has released the eagerly anticipated Chris Skidmore MP independent review into the UK’s net zero prospects.