Electricity under lockdown: cheaper, cleaner, but harder to control

The latest Drax Electric Insights report shows the impact lockdown had on our electricity system. The report, conducted via Imperial Consultants, by academics from Imperial College London, is an independent analysis of Great Britain’s electricity system during the second quarter of 2020.

Webinar: The energy industry post Covid-19: third party costs and green recovery

In case you missed this live webinar, you can catch up here

Climate change and Covid-19 ‘threaten to push almost 270m people to the brink of starvation’

UN Food Chief has warned food scarcity could be a ‘terrifying possibility’ in up to three dozen countries if the world stops actions against global hunger crisis

Coronavirus pandemic ‘drives fracking bankruptcies across US’

The report states: “The latest results confirm that fracking continues to be a high-risk enterprise with a poor track record, weak financial fundamentals and an unproven, speculative business model”

Wylfa Newydd nuclear plant
Hitachi scraps plans for Wylfa Newydd nuclear power plant due to ‘severe’ investment environment

Work on the £16 billion Horizon Project was suspended in January last year after Hitachi failed to reach an agreement to secure ‘reasonable returns’ as a private enterprise

More US citizens concerned about long-term threat of climate change than coronavirus

Around 35% of respondents said they now trust their government’s ability to tackle the climate crisis less than they did before the pandemic

Finnish biofuel producer to cut up to 470 jobs due to ‘operational restructuring’

Neste says it is exploring the shutdown of its refinery operations in one of its plants and the transformation of another

New €4m boost for climate start-ups affected by COVID-19

The nine ventures selected for funding develop innovations in agriculture, energy and industry and will receive between €320,000 and €500,000

Scotland announces £1.4bn of low carbon funding and £100m for green jobs

The funding will support Scotland’s transition towards a net zero economy and help create around 100,000 high value jobs over the next decade

SSE launches pilot project to recruit people in wake of COVID-19 and plug skills gap

The supplier estimates the wider energy industry will need to recruit around 200,000 people in the next decade to plug the skills gap and accelerate the race towards net zero