One huge question for the future of the global economy is how oil will be affected by the transition to net zero. Any energy economist will tell you that predicting oil prices is something of a fool’s errand, given all the uncertainties involved – but it would be even more foolish not to thin...
The new UK government has set out an ambitious target to accelerate the deployment and integration of renewables by 2030. To achieve this and move from fossil fuel-powered plants to renewables, which cannot be turned on or off as required, requires modernisation of the grid and new infrastructure...
Great Britain is currently highly dependent on fossil gas. This presents a major risk for households and national finances, leaving us exposed to expensive gas price spikes.
New research from the University of Oxford, published in the journal Carbon Management, makes the case for a novel ‘Carbon Removal Budget’ to help tackle climate change. It would sit alongside the Carbon Budget that governs how much CO2 can safely be emitted globally.
E3G is an independent climate change think tank with a global outlook whose goal is to translate climate politics, economies and policies into action.
The new Energy Secretary has announced a £500m uplift in the budget for renewable energy auction this year, to a total of £1.5bn for Allocation Round 6.
Britain’s nuclear regulators have approved early designs for small modular reactors (SMRs) developed by Rolls-Royce SMR as a first step towards significant expansion of the UK’s nuclear power capabilities.
This follows Ofgem’s consultation in December 2023 on whether Elexon or the Future System Operator (the National Energy System Operator) should deliver the role.
London Gatwick is working with Airbus, Easyjet and Air Products to develop the airport’s hydrogen infrastructure, with a particular focus on Gatwick’s short and medium haul operations.