UK urged to prepare for ‘seabed warfare’ on critical cables

A report endorsed by former military officials warns of the vulnerability of the UK’s undersea cables to attacks, urging the government to develop a defence strategy against potential threats

Wind waste to hydrogen gold: UK’s £3.5bn opportunity

A new report reveals the economic cost of power grid congestion on the UK’s wind fleet, estimating an annual loss of £3.5 billion due to system constraints

Flexible power grid ‘could save £8bn by 2030’

Consumers could see savings worth up to £90 per household – or up to £8 billion in total – by 2030 if the UK developed a smarter and more flexible power system. That must also be done to decarbonise the energy system and accommodate growth in wind and solar power, according to a new report. […]

UK plans to decarbonise heat ‘will cost £12k per household’

The previous government’s plan to decarbonise heating by fitting electric heat pumps in most homes by 2050 would cost around £300 billion. That’s according to a report by think tank Policy Exchange which believes the plan is a “colossal waste of money”. It could cost £12,000 per household as a result of the installation costing more […]

Diesel drivers ‘should pay up to £800 more in road tax’

A pollution tax of up to £800 should be put on sales on new diesel cars to clean up the air. That’s the suggestion of think tank Policy Exchange, which believes that could help generate £500 million a year of additional revenue. It says the money could be used to fund a new diesel car scrappage scheme […]

Should energy efficient homes pay lower stamp duty?

The stamp duty paid on homes that are energy efficient should be up to £2,500 less than those that aren’t. That’s the suggestion of thinktank Policy Exchange, which believes the change to stamp duty could lead to 270,000 households a year improving their energy efficiency. It proposes linking the stamp duty system to the energy […]

Government slammed for ‘reckless’ spending on green energy

The UK Government has been accused of being “reckless and wasteful” in spending consumers’ money on green energy and climate subsidies. Think tank Policy Exchange is calling on policymakers to prioritise affordability “as they have for too long, failed to strike the right balance between energy affordability and decarbonising the economy”. Its new report argues […]

‘Businesses accept changing climate is caused by their emissions’

Businesses in general accept the climate is changing and that greenhouse gas emissions caused by them is the main factor. That’s according to Jonathan Grant (pictured, right), Director – Carbon Markets & Climate Policy at PwC, who told a panel of MPs that firms believe the “big questions” on climate change have been answered by […]

Ever wondered how much energy your neighbour uses?

Have you ever wondered how energy efficient your neighbour is or how much they spend on their energy bills? Well, a new report claims householders could cut their gas and electricity bills by as much as £70 a year if they could compare each other’s energy bills. Think tank Policy Exchange claims there is “evidence” […]

Offshore wind could boost GDP by “huge” 0.6%

Economists say offshore wind could boost the UK’s gross domestic product (GDP) by a huge 0.6% and create nearly 175,000 jobs by 2030. In the short term offshore wind could boost GDP by 0.2% in the next three years. That’s according to a new report from the independent Centre for Economic & Business Research (CEBR) […]