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Energy markets

Map with magnifying glass providing focus over Europe

30/11/2022 News

New focus on European energy deals

A new ‘Energy Deals Tracker’ has been launched by the European Council on Foreign Relations (ECFR) to help present a clearer picture of how European Union (EU) member states’ diversification efforts could shape Europe’s energy policy in the long term – particularly the impact they could have on the bloc’s climate commitments.

Decommissioning

Aerial view of Pioneering Spirit removing Shell’s Brent Alpha topsides

30/11/2022 News

New UK oil and gas decommissioning cost efficiency target

A new cost efficiency target for redundant oil and gas infrastructure has been set by the North Sea Transition Authority (NSTA) that it claims will not only benefit the UK Treasury but will also free up money to be invested in energy security and the transition to net zero.

Electricity

Person checking their smart meter reading

30/11/2022 News

UK energy reduction scheme creates 108 MW of grid flexibility in first test session

Octopus Energy has released the preliminary results from its first ‘saving session’, an energy reduction scheme that pays UK households to shift their energy usage out of peak times.

Innovation

Winners of the Energy Institute’s 23rd annual awards gathered together on stage

EI Member only

30/11/2022 Feature / Kim Jackson

EI celebrates excellence in energy

The Energy Institute’s 23rd annual awards honour some of the energy industry’s outstanding people and projects. They highlight the talent, innovation and expertise in a wide-ranging sector that is being transformed on the road to net zero. Kim Jackson, New Energy World, reports.

COP

UN Climate Change Executive Secretary Simon Stiell standing at podium and speaking at the closing plenary session of COP27

EI Member only

30/11/2022 Feature / Nick Cottam

COP27: Progress on loss and damage; less on emissions reductions

Disappointing, after all the progress made in Glasgow a year ago – that was the general consensus on the outcome of COP27, which closed earlier this month and was held in very different market circumstances. Here, Nick Cottam takes a look at how UK energy policy and practice may proceed as a result.

Fire fighting

Head and shoulders photo of Laszlo Komaromi, EI Senior Technical Officer

30/11/2022 Comment / Laszlo Komaromi

Forever chemicals – a burning issue for the energy sector

Laszlo Komaromi, Senior Technical Officer at the Energy Institute, outlines the key issues around the transition to PFAS-free firefighting foams used in the energy sector. These are discussed in the latest edition of EI Model Code of Safe Practice Part 19: Fire precautions at petroleum refineries and bulk storage installations (EI 19), authored by Paul Watkins and Dr Niall Ramsden, ENRg Consultants, and due to be published in December 2022.*

Heat pumps

Row of three heat pump units on outside of a building

7/12/2022 News

Energy crisis to drive surge in heat pump sales

Worldwide sales of heat pumps are set to soar to record levels in the coming years as the global energy crisis accelerates their adoption, according to a new report from the International Energy Agency (IEA).

Energy efficiency

7/12/2022 News

Energy efficiency at ‘turning point’ after years of slow progress

Energy efficiency actions have accelerated globally in 2022 as governments and consumers have increasingly turned to efficiency measures as part of their responses to fuel supply disruptions and record-high energy prices. This marks a potential turning point after several years of slow progress, according to a recent report from the International Energy Agency (IEA).

Renewables

Man on roof covered with solar panels, set against bright blue sky

EI Member only

7/12/2022 Feature / Jan Wisniewski

The changing face of Australia’s energy generation

Australia has great potential for renewable energy generation, with the highest solar radiation of any continent on earth and vast regions with the perfect conditions for wind farms. Energy and climate writer Jan Wisniewski puts the evolving renewable energy picture in perspective.

Innovation

Two students standing either side of EI CEO, with library shelving full of books behind

7/12/2022 Comment / Sasha Polakov,Josephine Hibou

Empowering the public’s energy autonomy: environmental and cost benefits

Winners of the 2022 Energy Institute Climate Change Special Award* at The Big Bang Competition, Sasha Polakov and Josephine Hibou from St Paul’s Girls’ School, discuss their innovative and novel solar blinds concept, SolUp.

New Energy World™

Search results:

New focus on European energy deals

New UK oil and gas decommissioning cost efficiency target

UK energy reduction scheme creates 108 MW of grid flexibility in first test session

EI celebrates excellence in energy

COP27: Progress on loss and damage; less on emissions reductions

Forever chemicals – a burning issue for the energy sector

Energy crisis to drive surge in heat pump sales

Energy efficiency at ‘turning point’ after years of slow progress

The changing face of Australia’s energy generation

Empowering the public’s energy autonomy: environmental and cost benefits