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Energy Industry News

New heat pump developed to cut energy bills and carbon emissions

Researchers from the University of Glasgow have developed a new type of flexible heat pump technology, which could help households and businesses save on their energy bills and contribute towards Net Zero emissions goals. Heat pumps are a low-carbon alternative to gas boilers. They draw energy from external low-temperature sources, most commonly outdoor air, in […]

Business Energy

Energy-intensive businesses to get new electricity subsidies under government proposals

Government considering further electricity subsidies for energy-intensive businesses Businesses that use a high amount of energy, such as steel and paper mills, could see further relief under new proposals to help subsidise their electricity costs. The UK government is consulting on the option to increase the level of exemption for certain environmental and policy costs […]

Energy Industry News

UK offshore companies to invest £250 billion in new and low-carbon energy by 2030

The UK’s offshore energy producers are to invest £200-£250 billion to provide the nation with secure and increasingly low carbon energy, according to research by Offshore Energies UK. It has assessed the spending plans of offshore energy companies operating in the North Sea and other UK waters, looking at their investment plans between now and […]

Energy Industry News

Government’s Energy Security Bill becomes law – how could it help you?

The government’s Energy Security Bill, announced as part of the Queen’s Speech, has been introduced into Parliament. The Bill includes new measures which aim to help the UK transition to a cleaner, more affordable, homegrown energy system. The government says the Bill will drive £100 billion of private sector investment by 2030 into new British industries […]