After months of anticipation, the government has today (Monday 14 December) finally published its long-awaited Energy White Paper.
“The UK has set a world–leading net zero target, the first major economy to do so, but simply setting the target is not enough – we need to achieve it,” says Alok Sharma, Secretary of State for Business, Energy and Industrial Strategy in his foreword. But does the White Paper deliver this detail?
The UK’s 2050 net zero goal is now enshrined in law. But despite the government’s recently-published 10 Point Plan, there are not yet clear guidelines for businesses on the part they will be expected to play. We put some frequently-asked questions to experienced energy professional Giulia Usai about how businesses can prepare – and the changes she’s seen in sustainability over the past decade.
While the Chancellor promised “considerable steps” to incentivise cleaner forms of transport, fuel duty will remain frozen for another year – and there are plans to invest £27bn in new roads.
As a sector, energy has been at the very forefront of the UK’s world-leading progress in tackling climate change. The country’s carbon emissions are at the lowest level since the 1890s, which is largely down to us reaching the point where low-carbon sources supply more than half of our energy generation.
Rescheduled on the back of the well-documented suspension of the Capacity Market back in 2018, this latest auction provides the UK with >45GW reserve capacity which can be called upon in the event of system stress.
Published earlier this month, Ofgem’s Decarbonisation Programme Action Plan sets out a new vision for how it will govern and regulate the energy industry in order to support the government’s net zero target.
When we talk to businesses about reducing their carbon emissions or improving energy efficiency, they often want to focus on major projects like installing renewable technologies or upgrading operational assets.
With a particular focus on the potential impact of weather, global relations, generation updates, gas storage levels, interconnector activity and foreign exchange, our team of energy experts have combined their latest findings to provide comprehensive insight into what may be in store for 2020.
On the nBS Optimisation Desk, we are constantly looking at the many drivers – including weather forecasts, global political developments, generation updates, gas storage levels, interconnector activity and more – to determine what may lie ahead.
In our new Energy Know How guide, Jamie Roche explains: “we’ve worked hard to identify all the key milestones and simplify the process to ensure each business customer gets a new connection delivered safely, to required specifications, on time and to budget."
