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The Week’s Energy News – 09/12/2016


This week’s energy news covers an acquisition and a host of renewable energy stories.

Drax buys Opus Energy – Financial Times

Power station owner Drax has bought business energy supplier Opus Energy for £340m. The move is part of Drax’s shift away from coal. The company will also invest £18.5m into gas generation projects.

Batteries to play a greater role in the UK energy grid – The BBC

The Government has announced that that low carbon batteries will be used in the national grid for the first time. Batteries will be used to balance energy demands fluctuations and are seen as an important step towards a greener energy mix.

Latin America set to become a leader in alternative energy – The Economist

Latin America is a world leader in renewable energy, with Costa Rica running solely on renewable energy and Uruguay not far behind. This fascinating article looks at why Latin America is such a powerhouse when it comes to green energy.

Google will be powered solely by renewable energy in 2017 – The Guardian

Google has stated that their decision is a business decision, asl well as an ethical one. Whilst the company cited concerns over climate change they also stated that renewable energy sources are increasingly the cheaper option. Google first announced their goal in 2012, meaning the shift to renewables has taken five years.

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

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