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1/3 Brits are eager

UK spent £5.1 billion on Russian energy imports

Heather Trudeau
Centre for Research on Energy and Clean Air, coal, energy imports, energy independence, Energy security, energy transition, Finance & Markets, house of commons, oil and gas, Top Stories, war
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UK spent £5.1 billion on Russian energy imports £5.1 billion was spent on Russian energy imports by the UK in the year to April 2022. That’s according to a current research discussion report from the House of Commons, which implies the imports from Russia made up 22% of coal, 9% of oil and 4% of…
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1/3 Brits are eager

UK doesn’t plan to ration energy

Heather Trudeau
energy imports, Energy Minister, energy shoratge, energy transition, Finance & Markets, Greg Hands, interconnector, liquefied natural gas, LNG imports, Norway, Norwegian gas, Russian gas, Top Stories, UK Continental Shelf, Ukraine
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UK doesn’t plan to ration energy The UK does not face the risk of energy rationing in the near future. During a session of the Welsh Affairs Committee on the grid capacity in Wales, Energy Minister Greg Hands suggested there was no risk of energy rationing . “We have got no plans and proposals on…
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1/3 Brits are eager

Replacing Russian energy will take some time

Heather Trudeau
Efficiency & Environment, energy imports, energy transition, Finance & Markets, fossil fuel, natural gas, Renewable energy, Russia, russian energy, SINTAF, Sustainability, Top Stories, Ukraine, war
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Replacing Russian energy will take some time Replacing Russian oil and gas will not likely come overnight. That’s the suggestion from Dr Nils Røkke, Executive Vice President Sustainability at SINTEF, Norway’s largest research institute who spoke about how feasible the European plan to ditch Russian fossil fuels is. He stated: “The replacement will take some…
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1/3 Brits are eager

Lithuania cuts Russian energy imports?

Heather Trudeau
Baltic States, Dainius Kreivys, electricity, energy imports, energy independence, energy supply, fossil fuels, Lithuania, oil and gas, Poland, Russia, Russian gas, Top Stories, UK Government, Ukraine
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Lithuania cuts Russian energy imports? Lithuania has stopped importing energy supplies from Russia. The move was confirmed by the country’s Energy Minister Dainius Kreivys who stated: “As of Sunday, Lithuania will have completely cut import of Russian energy supplies i.e oil, electricity or natural gas, due to the Nord Pool’s decision to stop trading Russian…
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1/3 Brits are eager

£375m Energy Security Strategy sealed by government

Heather Trudeau
BEIS, Boris Johnson, carbon capture, decarbonisation, Efficiency & Environment, energy imports, Energy Networks Association, Energy Security Strategy, energy transition, Finance & Markets, hydrogen, Kwasi Kwarteng, Nuclear Power, nuclear reactor, Russia, Scotland, Top Stories, UK government, Ukraine
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£375m Energy Security Strategy sealed by government: The government has now reported it will invest £375mn in technologies that could help the UK’s independence with energy. The plan contains £240 million to support the creation of hydrogen, £2.5 million of funding to expand next-gen nuclear technology & an additional £5 million in the way of…
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1/3 Brits are eager

The UK may be reliant on energy imports within 15 years

Heather Trudeau
Efficiency & Environment, energy imports, energy infrastructure, Finance & Markets, fossil fuels, gas imports, natural gas, North Sea, Norway, OEUK, Offshore Energies UK, oil and gas, oil consumption, oil demand, oil production, Top Stories, Uncategorised
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The UK may be reliant on energy imports within 15 years: Offshore Energies UK (OEUK) published a report that warns that the UK will keep importing more gas and oil from foreign countries in the future unless the decline in investments in the sector reverses. An industry body warned that production of all UK oil…
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1/3 Brits are eager

Is return of fracking in government’s plans?

Heather Trudeau
Antonio Guterres, Boris Johnson, carbon dioxide emissions, Conservative Party Conference, energy imports, energy transition, Finance & Markets, fossil fuels, fracking, net-zero, Nuclear Power, oil and gas, Renewable energy, Russia, Russian gas, Top Stories, Ukraine, Vladimir Putin, war
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Is return of fracking in government’s plans?: Considering Russia’s invasion of Ukraine, the Prime Minister reveals ways to increase the UK’s energy security raising criticism over the possibility of removing the moratorium on fracking. “We must take the bold steps necessary to end our dependence on Putin’s oil & gas. It is time to take…
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Volatile energy prices set to continue into 2030

Heather Trudeau
coal power station, Cornwall Insight, ecological, energy imports, energy price cap, extreme weather, Finance & Markets, geopolitics, Nuclear Power, Policy, volatile energy prices, wholesale energy prices
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Volatile energy prices set to continue into 2030: Research from Cornwall Insight has shown that conditions could be in place for volatile wholesale energy prices to continue into 2030 and beyond, unless the UK develops a long-term strategy to cope with changes in energy production and unstable economic, geopolitical, and ecological systems. Cornwall Insight’s Benchmark…
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1/3 Brits are eager

Cambo oil field development on ‘pause’

Heather Trudeau
Cambo oil field, Efficiency & Environment, energy imports, Energy security, energy supply, energy transition, Finance & Markets, Infrastructure, Jonathan Roger, net-zero, Nicola Sturgeon, oil and gas, Oil and Gas Authority, Renewable energy, Scotland, Shell, Shetland, Siccar Point Energy, Top Stories
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Cambo oil field development on ‘pause’: The firm in charge of developing the Cambo oil field off the coast of Shetland has announced a “halt” in the project. Today’s statement follows Shell’s decision to withdraw from the development, citing a lack of “strong enough economic justification” for investing in the project. Following Shell’s statement, Siccar…
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1/3 Brits are eager

UK must allow new oil & gas fields or see future shortages

Heather Trudeau
Cambo oil field, carbon dioxide emissions, climate change, crude oil, energy imports, energy transition, Environment, Finance & Markets, fossil fuels, Infrastructure, net-zero, Nicola Sturgeon, OGUK, oil and gas, oil and gas production, Top Stories
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UK must allow new oil & gas fields or see future shortages: Blocking projected oil & gas fields would risk making consumers further exposed to rocketing energy bills & fuel shortages. That’s as reported to analysis by the trade body OGUK which says that if new oil & gas projects do not go ahead, domestic…
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