Gas growth over next five years to be driven by demand from Asia

Demand is expected to rise by more than a tenth by 2024, rising to a height of 4.3 trillion cubic metres

Renewable energy
Renewable capacity stalled last year for first time since 2001

The International Energy Association warns more capacity needs to be added each year if international climate goals are to be met

Bork Business 5 – Let’s Talk GROWTH

Bork Biz is your regular look at the world of business and work but not as you know it.

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 […]