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...If that growth continues it puts huge pressure on energy systems and on governments.” JPMorgan is a leading financier of fossil fuel projects and low-carbon energy projects....
...The Department for Energy Security and Net Zero said: “We have a clear strategy to boost UK industry and reach net zero by 2050 — backed by £200bn in low-carbon investment since 2010, with a further £100bn...
...The EU must wean itself off Russian nuclear fuel “as fast as possible”, Belgian’s prime minister has said, to stop a renaissance in Europe’s interest for the low-carbon energy inflating Moscow’s war chest...
...As well as electricity, some may be able to supply low-carbon heat, opening up a large source of revenue and a big advantage in a low-carbon energy system....
...As supply chains have normalised and diversified to replace imports from Russia, the wholesale costs of energy and fertiliser have eased....
...The cost of UK carbon emissions permits has fallen to an all-time low, raising fears it will weaken the incentive to build cleaner renewable energy sources....
...RENEWABLE ENERGY Are wind and solar simply bad business?...
...The UK’s largest asset manager Legal & General has said it will vote against the re-election of Woodside Energy’s chair Richard Goyder in an effort to pressure the Australian oil and gas producer to set...
...Until solutions which are both low cost and low carbon can be found, the energy system will not be transformed. The demand for fossil fuels will remain strong and emissions will continue to rise....
...UK grocery price inflation fell to a 30-month low in April, according to data that pointed to an easing of the cost of living crisis that has hit millions of households since late 2021....
...Low uptake of heat pumps owing to their high costs, policy uncertainty and lack of consumer awareness is slowing efforts to decarbonise Britain’s homes, the government’s spending watchdog warned on Monday...
...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
...Since then inflation has receded sharply, hovering at 4 per cent in January, with falling energy prices helping drive the retreat....
...The local economy has since bounced back and the jobless rate of 3.4 per cent is near record lows....
...The committee also said it had “low confidence” that the UK would meet its target of reducing emissions by 68 per cent over the same period after Prime Minister Rishi Sunak U-turned on key green measures...
...Russia controls almost half of the global capacity to enrich uranium and has established a monopoly over commercial supplies of high-assay low-enriched uranium (Haleu) — a new type of fuel which is required...
...This is a problem for renewable energy developers. It removes an important pool of potential buyers....
...“Geologic hydrogen represents an extraordinary opportunity to produce clean hydrogen in a way that is not only low carbon, but also low land footprint, low water footprint and low energy consumption,” said...
...It could also create “entirely new low carbon-footprint energy systems” and enable suppliers to monitor greenhouse gas sinks....
...Europe’s energy crisis began in 2021 as the region exited a prolonged cold winter with low natural gas storage levels....
...However, an atomic energy renaissance, as climate concerns push governments to look again at the low-carbon technology, is sparking fresh interest in reactors that reuse fuel and help minimise the waste...
...The surge in low-cost nickel supply from Indonesia will wipe out rivals in the next few years, the head of French miner Eramet warned last month....
...Carbon Tracker this week found the world’s biggest oil and gas companies still not aligned with the goals of the Paris Agreement on tackling climate change, despite corporate messaging on supporting a low-carbon...
...The short-term swings on Friday showed the markets were in an “agitated” state, said Viktor Katona, head of oil analysis at Kpler, an energy data and research company....
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