A new plan has been unveiled today for a £74 million green energy project in Speyside, which will be able to power 20,000 homes and and also provide heat for Macallan, one of the world's best known whiskey distilleries. One the outputs of the new plant will be steam, which the distillery will be using to heat their buildings. It has been said the carbon savings made from the plant will be equivalent to taking 18,000 cars off the road.
Tagged with 'ukenergy'
The big headline surrounding renewable energy this week concerns how well it's been going in the UK, despite many detractors and energy experts criticising some of the Government's moves. Figures were revealed this week which confirm that renewable energy generation is up 43% this year, compared to the first quarter of 2013. So, should we be throwing our hats up in the air and celebrating? Or is there something more to these figures that we're not quite seeing...
Ministers in the UK have tightened safeguards around fracking and given the green light to companies to start fracking throughout the country. This green light includes the fracking of national parks in what they have deemed 'exceptional circumstances', although ministers have retained the right to veto these plans if called for. From Monday, the Government will invite different shale gas firms to bid for onshore gas and oil licenses for the first time in 6 years. So, will fracking really secure our energy future?
The ratings agency, Moody's, has found that the energy crunch facing the UK due to a lack of energy storage capacity will be temporary, and that we shouldn't worry. The advent of wind, solar and nuclear power will be enough to see us through and keep prices in check. While 'seeing us through' may seem reasonable, the part about stable prices is much more dubious. So how should we interpret Moody's figures?
You may recall a lot of talk earlier this year about potential energy blackouts in the UK. Following an energy price crisis in the UK and a cry for an investigation of the market, energy prices and infrastructure were placed very firmly under the microscope. These fears have now been rekindled as energy experts warn of potential blackouts the UK might face in the next two years.
In the past week it's been announced that the big six energy companies have reaped a satisfying 38% drop in energy wholesale costs. Meanwhile, customer bills remain unaffected or continue to rise. Why isn't anything being done to correct the balance and pass savings on to the consumer?
The decisions that we make today in regards to energy policy and infrastructure will shape our energy market for the next century at least. Yet political squabbles and commercialism seem to still be at the top of everyone's agenda. Is it time the UK had an independent body to assess things? Not just the market or energy prices, but the entire infrastructure from our ability to store energy to the efficiency of the National Grid.
BM TRADA are a company responsible for awarding energy management efficiency certificates to business across Europe. They work on behalf of companies, encouraging them to streamline their energy usage and operate in a more cost-effective way, while also serving as an 'energy watchdog' for big corporations. They have today warned that public sector organisations (such as transport networks and the NHS), are leaving themselves wide open to financial risk due to poor energy management.
Foreign fuel imports currently dominate Britain's electricity market. Data recently publicised by Good Energy show that the UK imported over 60% of the fuel it used to generate energy in 2012, which was an increase of 11% on the 2011 figure. Is this healthy? What can the UK to do curb its reliance on imports?
The Government announced this week that it would be making drastic changes to its financial support for solar energy farms. The move has been condemned by environmentalists and green activists, with many claiming that the changes will lessen the UK's ability to generate low carbon power, result in fewer jobs in the green sector, and increase the country's dependency on imported fossil fuels.