⚡EnergyDebrief

Weekly Debrief

Top stories from Sat 28 Mar – Sat 4 Apr

  1. #2

    We're moving in the right direction, but we need to break the link between power and gas

    Ecotricity CEO Asif Rehmanwala and BusinessGreen editor-in-chief James Murray discuss how the green industrial revolution is gathering pace and helping to bolster UK energy security Ecotricity CEO Asif Rehmanwala joins BusinessGreen editor-in-chief James Murray to reflect on the challenges and opportunities that lie ahead in the shift to renewables and a low carbon economy, and the role Ecotricity is playing in both powering that transformation and building the UK's energy independence. The pair also discuss how Ecotricity has cemented its status as one of the UK's most visible green businesses, how the wider Green Britain Group is seeking to tackle climate change and create a sustainable economy, and the continued boom of the broader clean energy sector. WATCH NOW: This video is sponsored by Ecotricity

    Business Green
  2. #3

    This is what a fossil-fuel shock looks like. The UK must adapt its energy system – and quickly | Chaitanya Kumar

    The Iran war will hit food prices, fuel costs and interest rates. But with a few smart moves, we could could turn this crisis to our advantage Energy shocks don’t just raise our energy bills – they can be turning points in how our economy runs. The UK responded to the energy crises of the 1970s by reshaping its energy system and doubling down on extracting its own fossil fuels from the North Sea. Investment poured in and the UK became a net energy exporter. When energy security is on the line, serious countries act at scale. Today, as the war in Iran continues, scraping the North Sea barrel for the last of its planet-heating fuel is no longer a solution. If the UK is to weather the shocks to come, we need to build a clean energy system for the next generation. A supply deficit of 10m oil barrels a day and a fifth of global liquefied natural gas (LNG) trade is already having significant effects around the world. The UK is painfully exposed to international gas prices. The public expect inflation to soar, the market is forecasting a rise in interest rates over the next year, and costs on some government borrowing have risen to levels not seen since the 2008 financial crisis. This is what a fossil-fuel shock looks like for an import-dependent country, and it will not stop at energy. UK food inflation is already high, reaching 3.3% in February, and we are likely to see much higher food prices in as little as three months. Chaitanya Kumar is head of economic and environmental policy at the New Economics Foundation Continue reading...

    The Guardian Environment
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  4. #21

    How Santander is supporting energy efficiency in Milton Keynes

    Partner Insight: How Santander is working with local partners in Milton Keynes to address common barriers to make homes more energy efficient Decarbonising the UK's 28 million homes poses a significant challenge. BusinessGreen explores how Santander is bringing together local authorities and education providers in Milton Keynes to address common barriers and location-specific challenges for decarbonising housing – and what lessons and learnings can be applied more widely across the UK. WATCH NOW: This video is sponsored by Santander.

    Business Green