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The Week’s Top Energy News 21/10/16


Top News In Energy This Week

This week we’ve seen a flurry of green energy stories – including great news about the number of businesses gaining the ISO energy management certification, and an article on how new technology Blockchain is poised to disrupt energy markets. Read on for our pick of the week in energy…

Green Subsidies to Push UK Energy Bills Higher Than Expected – The Guardian

Huge investments in renewable energy over the past couple of years mean that household energy bills will be £17 higher than predicted within four years, according to the National Audit office. The Government had intended to cap investment in wind farms and solar panels at 7.1bn, but is instead on track to hit 8.7bn by 2020/21.

The UK Remains a Leader for Energy and Environmental Management – Clean Energy News

UK businesses are leading the pack when it comes to energy management certifications. The number of companies certified with ISO 50001 – the energy management standard – quadrupled between 2014 and 2015. The UK is also in fourth place globally when it comes to ISO 14001 – the environmental management standard.

Brexit- Implications for the EU’s Energy and Climate Policy  -Department of Humanities, Social and Political Sciences

There’s been a lot of coverage about how Brexit will affect the UK, but how will it affect the rest of the EU? This in depth piece looks at the influence the UK has historically had on influencing EU energy policy, and what effect its withdrawal from the Bloc will have on future policies. 

The UK is Now the World’s Largest Offshore Wind Market – Energy Voice

Wind power is going from strength to strength within the UK and Great Britain is now the world’s largest offshore wind market.

UK Winter Electricity Blackout Now Exceedingly Unlikely – Edie 

The National Grid has invested £122m in contingency balancing reserve services to reduce the risk of winter blackouts. Due to these investments, they are now ‘confident’ that the UK will keep the lights on throughout the winter months.

How Blockchain will Disrupt Energy Markets – Greenbiz 

Have you heard of blockchain? The transaction processing technology behind bitcoin is tipped to shake up the energy markets. A number of tech giants, including Google and AOL, are investing in blockchain, which could enable the creation of so-called ‘virtual power plants’.

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