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Energy News – 24/02/2017


What’s been making headlines across the energy world this week?

We round up the big stories from the last seven days…

Lords prioritise ‘energy security’ – Renews

A new report from the House of Lords has highlighted the importance of maintaining the UK’s energy security as we move to a lower carbon energy mix. The report stated that government intervention with the goal of rapid decarbonisation has led to a convoluted, inefficient and confusing energy market.  The report recommends that progress on renewables should not be pursued at the cost of energy security. Some sceptical responses to the report can be found here

Wind and solar power are disrupting electricity systems – The Economist

We are on the cusp of a new generation of affordable renewable energy sources, however our infrastructure is lagging sorely behind. What’s more, is there really that much of an incentive for companies to invest if the results will mean cheaper power and, therefore, lower profits? This article looks at the struggles of renewable energy in a market that wasn’t really designed for it.

The EU’s renewable energy policy is making global warming worse – New Scientist

A raft of stories about wood burning have hit the headlines this week. As it stands, the EU subsidises the burning of wood for energy, considering it a low carbon energy source. However, according to a widely available report, burning wood is worse for the environment than gas or coal, meaning its popularity is actually harming environmental progress.

British Gas worst-value tariffs are not ‘evil empire’, boss says – The Guardian

Standard Variable Rate tariffs have become a dirty word in the domestic energy market, with Ofgem piling pressure on energy firms to make customers aware of their switching options. Ian Conn, who heads up British Gas’ parent company, has come out swinging, stating that many customers find the deals attractive.

Bears decreasing? In fact it’s the polar opposite! – Energy Live News

Good news for animal lovers! Despite concerns about global warming, polar bears are thriving. A recent survey has shown a significant rise in numbers from 2015 to 2016. The figures suggest that polar bears are adapting to their changing world instead of being wiped out, as many had feared. 

Remember to follow us on Twitter @switchmybiz for the latest energy news and small business advice.

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