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What’s big in the world of energy? Here are the stories that have sparked (sorry!) our interest this week…
The Government has announced that the UK will leave the Euratom treaty in 2019, leaving the future of nuclear power stations in the balance. The Euratom treaty ensures compliance to international nuclear standards, which enables trade between countries. If the UK fails to sort out a viable alternative in two years, our nuclear industry could potentially grind to a halt.
From April 2019 non-domestic landlords are going to have to make sure that all their properties have an EPC rating of F or G. Currently, estimates suggest that 20% of UK businesses fail to meet the energy efficiency criteria.
Energy customers switching suppliers hits new six-year high – London Loves Business
More domestic customers are switching energy than ever before, according to new research. Price hikes and a publicity drive around switching meant that over 7 million domestic customers switched energy providers last year.
Demise of coal indicated in UK energy statistics – Environment Analyst
Is the end near for coal power? New statistics certainly make it seem that way. In 2016 the use of coal to generate electricity fell by a quarter, whilst energy produced by gas rose by over 30%. The figures indicate that the Government’s plan for transitioning to a low carbon economy is working, with an increased carbon price floor partly to blame for the drop.
One to read if you want to scare yourself! Last week a storm and a freak accident caused major damage to the UK’s energy links with France, raising some major concerns about our energy security. The restricted capacity that resulted from the storm damage caused energy prices to rise in the last week.
The Price of Power: Energising Small Business in the Next UK Carbon Plan – The Federation of Small Businesses
This report, published in January, lays out how small businesses can help the UK transition to a low carbon future. The report found that energy security was a top concern for small businesses, even ahead of saving money, and that many believe that the UK is too dependent on imported energy. Read this if you’re wondering how you fit in to the UK’s emissions reduction targets.
Six businesses hit with £41k CRC fines – Energy Live News
As part of the CRC scheme larger businesses have to report on their climate emissions. This week a number of high profile businesses, including The University of Hull and 99p Stores, have been hit with large fines for failing to hand in their reports on time.
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