UK Energy News - Independent Energy NewsAll the latest news about the Energy industry from Catalyst.
scope 3 emissions reporting
DESNZ recently opened a call for evidence regarding the costs, benefits and practicalities of Scope 3 greenhouse gas (GHG) emissions reporting in the UK. Under the GHG protocol, a company’s emissions are currently classified into three scopes.
Demand Flexibility Service Returns
Businesses to be paid for not using electricity as Ofgem approves Demand Flexibility Service for this winter. You can earn upwards of £2.10 per kWh of electricity reduction.
Net Zero Carbon Changes
In a net zero carbon changes speech delivered in September, the Prime Minister announced that the government will revise a number of current measures intended to help reach net zero carbon emissions as a country by 2050.
Emission Reduction Plan Delayed
The report also found that of the 1,504 organisations surveyed, 49% are delaying planned investment into sustainability and net zero plans, and 34% of organisations now say they have more immediate business challenges to meet, such as economic pressures, supply chain delays and skill shortages.
How to Achieve Net Zero
The British Chambers of Commerce and Lloyds Bank published a report setting out three key recommendations to help businesses reach net zero and how to achieve net zero.
Energy Contract Security Deposit
Ofgem has published its best practice guide for the use of an energy contract security deposit. Suppliers often use an energy contract security deposit to manage their risk exposure when contracting business consumers carrying a credit risk.
Business Energy Market Review Findings and Consultation
This July, Ofgem published its findings and policy consultation for its non-domestic market review which sought views on business energy market supplier pricing and contract prices, market competition and customer service, and opportunities for targeted support to specific customer groups.
Decarbonising the power sector
The Public Accounts Committee (PAC) announced that it has published a report on Decarbonising the power sector, highlighting that the government’s ambitions for power sector decarbonisation by 2035 are jeopardised by the lack of an overarching delivery plan.
Business energy market review
The business energy market review from Ofgem recently published a call for input regarding its concerns for the current state of the non-domestic gas and electricity markets. The volatile market conditions of the last 18 months have left many consumers across both domestic and non-domestic markets with a lot of uncertainty.
UK Energy News
Our UK energy news section bring you award-winning independent energy news and analysis on the UK energy markets. Brining you independent views on the key drivers effecting wholesale gas and power market, as well as the latest regulatory updates on non-commodity charges.
We also look at the transition to a decarbonised and digitised energy economy, where the drive towards net zero and concerns over climate change are most prevalent.
There are many sources of information available for those interested in following these subjects, such as dedicated energy news outlets, industry trade publications, and mainstream media outlets.
We aim to bring our own view on the topics effecting the energy industry and put these often complicated topics into plain English so our readers can understand these diverse range of topics.
Although it can be helpful to follow a variety of different sources in order to get a well-rounded understanding of the issues and trends shaping the energy industry.
You will also find information that relates to our service offering within our news section on wide range of energy services and solutions.
Recently we have focused on the importance of a business understanding their carbon footprint, what they can do to build a carbon reduction plan, and ways to reduce carbon consumption.
By building a carbon footprint, a business has a measure and impact of the organisations environmental impact in terms of the amount of greenhouse gases produced, measured in units of carbon dioxide.
It is calculated by adding up the emissions from all sources, including transportation, energy use, and the production and disposal of goods and services. A carbon footprint is an important measure of sustainability, because greenhouse gases, particularly carbon dioxide, contribute to global warming and climate change.
There are many ways for companies to reduce their carbon footprint, including using energy-efficient appliances and vehicles, reducing energy consumption, using renewable energy sources, and reducing waste.
It is also important to consider the carbon footprint of the products we buy and the services we use, and to support businesses and organisations that are committed to sustainability.
You will find more topics on all of these subjects in our UK Energy New section.