UK’s adoption of EVs ‘at critical tipping point’

PwC stresses the necessary infrastructure must be built to allow EV growth to continue

UK companies ‘must seize offshore wind opportunities’

A new report suggests the UK’s offshore wind products and services to be worth £4.9 billion a year by 2030

UN: ‘Climate change could cause severe economic downturn’

The organisation says a rising global average temperature could translate into a slower growth of per capita output in hot countries

‘Wales should use Swansea region as low carbon pathfinder’

The Institute Of Welsh Affairs (IWA) says this would help demonstrate the practical steps needed to maximise the potential of renewable energy across the country

‘Asian oil and gas to boom by 2025’

New projects are expected to contribute around 518 thousand barrels per day to global oil production

Distributed energy ‘could save UK almost £1bn’

Distributed energy solutions could achieve almost £1 billion worth of energy savings each year. That’s the verdict from Centrica, which suggests wider adoption of these technologies could also deliver an £18.5 billion boost to the country’s overall economic growth. The energy firm analysed the potential role of solutions like battery storage, onsite generation and energy […]

Energy storage market ‘to double six times by 2030’

The global market for energy storage technologies will double six times between 2016 and 2030. That’s the prediction made in a new report from Bloomberg New Energy Finance (BNEF), which suggests the sector’s total capacity will rise to a total of 125 gigawatts or 305 gigawatt-hours. It likens the estimated trajectory with the boom witnessed […]

CBI calls for government to boost energy businesses

Business leaders need a stable, pro-enterprise environment to fuel investment, innovation and competition in the energy sector. The CBI says this will play an essential role in helping the UK grow out of austerity. The industry organisation suggests the government should step up support for low carbon investments by setting a clear and regular pipeline […]

Policy instability ‘slowing UK renewable growth’

Growth in the renewable energy sector is slowing down as a result of policy instability. That’s according to a new report from the Renewable Energy Association (REA), which suggests the industry’s turnover growth in 2016 was 3.5% lower than the previous year at £17.4 billion. This is down on the average figure of around 6% observed each year since 2012. […]

US backtrack on clean power laws ‘could cost $52bn’

The US could miss out on $52 billion (£40.8bn) and 560,000 new jobs by 2030 if it successfully backtracks on its Clean Power Plan (CPP). That’s according to a new report from business group Environmental Entrepreneurs (E2), which also shows incremental energy efficiency savings through the plan could reduce annual average household electricity bills by 7%. […]