Energy UK

🎙️Testing, 1, 2, 3. 🎧 We’re excited to be taking our Mission Possible report straight to your headphones in our new podcast. Hear from experts about how the new Government can make the UK a #CleanEnergy superpower. The podcast will be hosted by Yumann Siddiq and Sandy Kelly - Young Energy Professionals (YEP) Forum Chair and Vice Chair - who will be joined by experts from Energy UK and beyond to explore the following priorities: 🔌 Achieving clean power by 2030 💷 Affordable energy bills and a sustainable retail market 🏠 Warmer homes and cleaner transport 🤝 A mission-led Government set up to succeed ⚡ Closer UK-EU cooperation on energy and climate Sign up to listen live on Wednesdays 12-1pm: https://lnkd.in/eHxPxzzJ All episodes will be made available to listen to later on Energy UK’s YouTube channel. #MissionPossible #EnergyTransition #NetZero

While its usage is projected to decrease over the coming years, the UK economy still heavily relies on gas. We’ve published a briefing on the role of gas in industry, with our friends at the Carbon Capture and Storage Association. The briefing covers the significant role that gas plays in powering the hard-to-abate industrial sector, how carbon capture and storage can reduce emissions, and what needs to happen to transition the UK economy away from unabated gas. 🖱️Find out more: https://lnkd.in/gnVYbKs6 This is the third briefing in our Fuelling the Future series. The series has previously covered the broad role of gas across the entire economy and the role of gas in generating energy. Visit the Fuelling the Future webpage to read the rest of the series: https://lnkd.in/gVXvcbAE. #NetZero #EnergySecurity #CarbonCapture 

On the GB Energy announcement👉 “The expansion of clean, secure, homegrown energy and the economic growth this will bring can deliver huge benefits to the whole population,” says our Chief Executive Emma Pinchbeck. The Prime Minister and the Energy Secretary have announced a partnership between Great British Energy and The Crown Estate, and the introduction today of the Great British Energy Bill. “GB Energy can play a vital role in making the Government’s clean energy ambitions a reality," Emma concludes. Read our full response to the news: https://lnkd.in/eRx4vt8F #CleanPower #NetZero #GBEnergy

📈 Energy bills are due to increase from October with the price cap likely to rise by around 10% (Cornwall Insight). With households already feeling the squeeze, we’re asking: How can the Government help support the most vulnerable energy customers? Millions of households are facing unaffordable bills. Increased debt levels and higher prices are limiting customers’ ability to save and spend money – and in too many cases, affecting people’s health. Ofgem estimates that the total debt held by UK energy customers could be as high as £3.32 bn… although this figure might be higher still. National Energy Action (NEA) says around 6 million households are struggling with fuel poverty. The world of domestic energy is changing – so it’s time to change how customers are billed and supported, too. Energy bills currently include the shared costs of our move to cleaner power, and after the energy crisis, it should be ensured that measures are targeted effectively and reach those who need the most support. 📋 In our new report, Policy Solutions: Taking immediate action to make bills affordable this winter, we’re urging the Government to take three crucial steps to support energy customers better. - As much as possible, policy costs should come from general Government spending, not bills. - Any remaining costs should be spread fairly. - Targeting customer support by doubling the Warm Home Discount will help the households who need it most. We believe these changes could lower bills for households across the country quickly and sustainably. 🖱️ Read the full report: https://lnkd.in/esFcJt4C 👈   #AffordableEnergy #EnergyPriceCap #EnergyBills #CleanEnergy

Urgent changes are needed to deliver a sustainable and secure energy future for Britain.      This September, we’re holding our annual conference. Sponsored by ScottishPower, this flagship event will give you the chance to hear from experts and leaders in the sector on the most critical issues facing the industry today.       Register now 🎟️ https://lnkd.in/eqf38hux      🗓️ 17 September 📍 One Great George Street, Westminster, London      #EUKconf24 #Energy #UKEnergy #CleanPower #EnergySecurity #NetZero  

🏗️⚡Walking around the Hinkley Point C #NuclearPower station, it’s hard at first to grasp the immense scale of the project. That is until you hear that, when complete, it will generate enough low carbon energy to meet 7% of the UK’s electricity needs. 🏠That is enough electricity to power more than 5 million homes… Yesterday, our team was lucky enough to be guided around the site by our friends at EDF who are developing the project. We met with reactor room operators, the project’s Head of Construction Mark Dillon and Hinkley C’s Managing Director Stuart Crooks. Stuart, a former apprentice, spoke to us about the skills gap in the energy industry and how Hinkley Point C is helping to address that. So far, the project has trained over 1,300 apprentices and 8,000 people have been trained at the project’s Centres of Excellence. 👋We had an amazing time at Hinkley Point C and want to say a huge thanks to the team for having us. Find out more about the project: https://lnkd.in/epdEuvVD Hinkley Point C is being developed by EDF and CGN. We are proud to say that EDF is a member of Energy UK. #EnergySecurity #HinkleyPointC

The UK and EU are deeply connected on energy and climate change. With the new Government signalling its desire to reset the country’s relationship with the EU, we’ve explored what this could mean for the energy sector 👇 More than a quarter of Europe’s lost Russian energy was replaced by exports from the UK, bolstered by the UK’s Liquid Natural Gas regasification terminals. Additionally, it was electricity from British power stations that made up a significant proportion of the shortfall and kept the lights on in Paris and across France in summer 2022. 🤝 The value of working with our closest neighbours will continue beyond the energy crisis, as both the UK and EU move towards reaching the goal of climate neutrality. Our analysis shows that greater UK-EU cooperation could reduce the cost of meeting the 300GW offshore wind target in the Ostend Declaration by €13bn. Market linkage could also avoid the need for the EU to import an additional €2bn of gas per year; the result of increased fossil fuel generation offsetting decreased renewables imports from the UK. Find out more about the power of partnership in our new report: https://lnkd.in/emnbgAyB

Earlier this week, the Electricity System Operator has released its 2024 Future Energy Scenarios report, presenting pathways to #decarbonise the UK’s energy system on the road to #NetZero. The pathways ➡️ Holistic Transition, Electric Engagement and Hydrogen Evolution, each show possible routes to a clean energy system by 2050. The report’s key message: “Decisive action is needed within the next two years to deliver the fundamental change required for a fair, affordable, sustainable and secure net zero energy.” Read the report to explore its pathways and the actions ESO sets out to deliver this goal: https://lnkd.in/eYytZTPA #CleanEnergy #RenewableEnergy National Grid ESO

👑 King Charles III delivered his King’s Speech today, marking the State Opening of Parliament. In it he laid out priorities for the new Government, but what does this mean for the UK’s energy industry? We’ve extracted 5 takeaways: Energy as a cornerstone of the economy: The Government recognises energy as a clear driver for growth and sees the delivery of #NetZero as central to their vision for the future. Pro-business and pro-investment: A clear commitment to creating a partnership between the Government and businesses to deliver for working people, investing in industry, skills and new technologies. Establishment of GB Energy: Establishment of a publicly owned energy company which will own and operate clean power projects, driving down costs for renewables and reducing the cost of energy bills. Build, build, build: Facilitating the delivery process for critical infrastructure to unlock the delivery of the 2030 clean power mission. EU-UK Cooperation: A commitment to improve our trade and investment relationship with the EU, which is critical for delivering our Net Zero targets. 🖱️ Read our full response: https://lnkd.in/eyG-mRQF 👈 #CleanEnergy #EnergySecurity #AffordableEnergy

⚡The UK energy system can be confusing, and as the sector decarbonises, there will be significant changes in how electricity is generated. Our CPD-certified training courses, in collaboration with LCP Delta, will help you to understand how electricity is generated and traded across the UK, how power stations are financed and give you a 101 on mechanisms to encourage investment like the Contracts for Difference scheme and more. Interested? Check out our in-person course ‘Understanding the GB Power Market’: https://lnkd.in/eFDky_sk Don’t forget to use code ‘REMA20’ for 20% off training courses booked before the end of July. 🗓️ 25 July 📍 London #NetZero #CleanEnergy #UKEnergy #PowerMarket