British Utilities - Union Flag

1st ever £430m government financed green transition loan

1st ever £430m government financed green transition loan: The first government supported green transition loan has been presented to consultancy business Wood to generate  possibilities in clean energy, hydrogen & decarbonisation. The £430 million loan, personally financed by the UK Export Finance (UKEF), will permit Wood to have the benefit of green trade possibilities that…
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British Utilities - Union Flag

How firms are investing in climate change

How firms are investing in climate change: Despite the fact that close to half the businesses within the European Union (EU) invested in energy efficiency along with tackling climate change in the past year, Europe’s energy saving ability continues to be ‘largely untapped’. That is the findings of a current report by the European Investment…
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British Utilities - Union Flag

UK needs to make use of free market to stop climate crisis

UK needs to make use of free market to stop climate crisis: The UK must make use of the free market to halt the climate crisis at the same time reject  ‘green protectionism’ as reported by a new trade report. The ‘Green Trade’ report written by the Board of Trade asserts free markets are crucial…
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British Utilities - Union Flag

75% agree the energy sector needs a system architect

75% agree the energy sector needs a system architect : Institutional and governance reform forms a major part of the energy white paper. Industry commentators have proposed various ideas, including popular concepts such as a system architect. This was backed by attendees of Cornwall Insight’s ‘Financing net zero business forum’, who agreed that the sector…
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British Utilities - Union Flag

UK created oil & gas will help energy security for decades

UK created oil & gas will help energy security for decades: Oil and gas produced in the UK will go on to support the country’s energy security in decades to come. That’s according to the suggestion from Oil and Gas UK (OGUK), that claims the fossil fuels will go on to be used as a…
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British Utilities - Union Flag

UK’s fusion energy investments boosted economy £1.4bn

UK’s fusion energy investments boosted economy £1.4bn: The UK Government’s direct investments in fusion energy has helped boost the economy by £1.4 billion over the past decade. That’s as stated in a new study by London Economics & published by BEIS, which shows the investment of £346.7 million has further supported an average of 4,000…
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British Utilities - Union Flag

Cadent pays 40k meals helping children avoid hunger

Cadent pays 40k meals helping children avoid hunger: Gas network Cadent has promised to pay for 40,000 meals to help vulnerable children and family throughout the UK avoid the worst impacts of the coronavirus pandemic and the developing economic fallout. The action follows a influx of support for the cause throughout the country after Manchester…
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