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Renewable energy takes centre stage as the new UK Labour government, steered by Chancellor Rachel Reeves, commits to a breakthrough in England's energy strategy. The lifting of the de-facto ban on onshore wind farms marks a pivotal shift in our nation's approach to sustainable energy. Today, the Chancellor paints a new future, one where economic growth is not just a hope but a 'national to-do list', a collective mission we're all now a part of. As we bid farewell to a period of 'chaos and irresponsibility', the winds of change are upon us, ushering in an era where the growth of our economy goes hand-in-hand with the health of our planet. #RenewableEnergy #OnshoreWind #SustainableGrowth #UKRenewables

A positive story to kick-start the year as the use of fossil fuels in 2023 reached a 66-year low! 📉 Over the last 12 months, the amount of UK electricity generated from fossil fuels fell by 22% year-on-year according to CarbonBrief, the lowest it’s been since 1957. Usage levels peaked in 2008 and have been dropping ever since then, but the rapid decline in recent years has been thanks to a vast expansion of renewable energy sources (up six-fold since ’08) and a decrease in demand (down 21% from the peak). This can’t be seen as anything other than a positive, but work is still to be done. Currently, 33% of UK electricity is powered by fossil fuels (31% gas, <1% oil, >1% gas), which means there still needs to be some bigger increases in renewable energy if the government is to meet its goal of a full decarbonised grid by 2035. Helping reduce the funding of fossil fuels is our passion at MotherTree; we work closely with businesses to help them understand how they can save money and reduce their financial carbon footprint. Find out how much you could save with our free money carbon calculator: https://lnkd.in/eNSR5Pwy

UK Companies Criticized for Lack of Progress on Scope 2 Emissions A new report from the Energy and Climate Intelligence Unit (ECIU) suggests that companies in the UK need to take more ambitious action to reduce scope 2 emissions from purchased electricity. Scope 2 covers indirect greenhouse gas emissions from the generation of purchased electricity, steam, heating and cooling consumed by a company. While many firms have made progress lowering scope 1 direct emissions from owned or controlled sources, scope 2 remains largely overlooked. The ECIU analysis found the 120 largest companies on the London Stock Exchange reduced their combined scope 1 emissions by 22% between 2016 and 2020. However, their total scope 2 emissions decreased by just 4% over the same period. Critics argue that scope 2 emissions should be easier for companies to reduce, since they mainly require signing contracts for renewable energy. The report urges businesses to switch to clean power and set science-based reduction targets for scope 2 that align with the UK's net zero commitment. According to ECIU's policy director, "Firms have woken up to the risks of unchecked scope 1 emissions...but scope 2 has remained a blind spot. With UK electricity rapidly decarbonizing, procuring clean energy is a no-brainer to cut indirect emissions."

What a Labour Government Means for Renewable Energy in the UK? A Labour government promises a transformative shift towards renewable energy, positioning the UK as a global leader in clean energy. With the launch of Great British Energy, Labour plans to achieve a zero-carbon electricity system by 2030, significantly lowering energy bills and enhancing energy security. Key initiatives include: ⚡️Substantial Investments: £8.3 billion in renewable energy projects. ⚡️Ambitious Goals: Doubling onshore wind, tripling solar power, and quadrupling offshore wind capacities. ⚡️Job Creation: Thousands of new jobs and economic growth through infrastructure upgrades. ⚡️Community Involvement: Empowering local communities to lead and benefit from clean energy projects. This bold vision not only addresses the climate crisis but also promises economic and social benefits for all. Let’s work together towards a sustainable and prosperous future! #RenewableEnergy #LabourGovernment #CleanEnergy #Sustainability #EnergyTransition #valorisgroup

UK political parties released their manifestos this week, offering a glimpse into what the next four years could look like in the UK! It’s so important to know what each party wants to do with the country and, more importantly, how it will affect businesses like yours and ours! Below, we’ve curated a few key pledges from each party so you can see how their plans for Energy & Net Zero will affect you: 🔴Labour: - Clean energy by 2030. - Double onshore wind, triple solar power and quadruple offshore wind by 2030. - Create a new publicly-owned company, Great British Energy, which will deliver clean power. - Maintain a reserve of gas power stations to guarantee security of supply. 🔵Conservatives: - Remain committed to delivering net zero by 2050. - Treble the UK’s offshore wind capacity. - Invest £1.1 billion in the Green Industries Growth Accelerator. - Support solar in the right places and not on the UKs best agricultural land. 🟠Liberal Democrats: - Aiming to be net zero by 2045. - Invest in renewable power so that 90% of the UK’s electricity is generated from renewables by 2030. - Appoint a Chief Secretary for Sustainability in the Treasury. - Restore the UK’s role as a global leader on climate change. 🟢Green Party: - Aiming to be net zero by 2040 at the latest. - Wind will provide around 70% of the UK’s electricity by 2030. - Communities to own their own energy sources. - Remove all oil and gas subsidies. #generalelection #ukelection #manifesto #energy #netzero #northeast #northeastbusiness #energyconsultancy

UK must deliver energy change ‘at speed and scale’: The UK must be ‘pro green’ and deliver energy systems change at speed and scale, according to CBI CEO Rain Newton-Smith. #gasworld #industrialgas

We just released our March 2024 Electricity Market Review. In this latest edition, we look into movements in the electricity market in the past month and briefly cover some important developments that concern energy in Australia, namely: • The recently announced $1 billion Solar Sunshot subsidies and grants scheme • AGL and SunDrive’s MOU to explore the potential of building a solar manufacturing facility at the Liddell site • The Climate Council’s report asserting that the country must reach net zero emissions by 2035 • The Climate Energy Finance report saying that keeping Eraring open beyond 2025 will cost taxpayers $150 million to fund • AEMO’s warning of potential gas shortages in Australia’s East Coast in 2025 Read our full report and commentary https://zurl.co/iIcQ -- Want to make a difference in your business’ electricity costs? Consult our team to see if you can make more savings on your commercial and industrial energy. Fill in and submit our form to request business energy tenders: https://zurl.co/bBk5 #march2024electricitymarketreview #australianelectricitymarket #aemo #aglsundrive #sunspotscheme #eastcoastgasshortage #netzero2035 #netzero2050 #climatecouncilreport #seizethedecade #climateenergyfinance #energymanagementconsultants #commercialenergy #industrialenergy #energybroker #leadingedgeenergy

Exciting times ahead for the UK's renewable energy landscape! 🌱💨 The British government is stepping up its game by broadening its flagship Contracts for Difference (CfD) scheme. The aim? To spur on investment and bolster the sector amid challenging deployment obstacles. This refresh of the CfD scheme could be a game-changer. Generators involved now benefit from guaranteed prices on their low-carbon electricity over their contract terms. With the new proposals, the scheme will not only focus on price but also reward "non-price" criteria - think sustainable supply chains and innovative advancements. 🌞 We've seen over 26.1 gigawatts of low carbon projects surge forward with CfD's help. But these potential reforms promise more than just megawatts; they're about securing an economically sound and energy-independent Britain. And in light of recent global events, the urgency for a self-sufficient green energy sector has never been clearer. 🇬🇧⚡ Amidst rising inflation and commodity prices, not to mention stiff global competition, the UK's continued efforts to attract investments are crucial for reaching Net Zero by 2050. It's not just about offsetting emissions; it's security, growth, and innovation on a national scale. As we look ahead, the question remains - how can we, as leaders, innovators, and shareholders in our future, further contribute to this promising shift? Your thoughts and insights are more than welcome. Contribute to the ongoing evolution of our green horizon! Let's discuss in the comments down below 💬 #RenewableEnergy #SustainableDevelopment #NetZeroRevolution

The UK supports gas-fired power plants in the latest shift in green policy. Its only solution for the energy transition is to apply NPE Technology, hence enjoying energy stability and reaching its emissions targets. https://lnkd.in/deUqyS7K #climateaction #zeroco2 #energytransition https://lnkd.in/g_hSfudn

An informed view from Rich Hall, Head of Sustainability at RSM UK, on the need for investment in carbon capture, usage and storage in the UK, and how this will benefit the UK oil and gas industry, and wider economy. Take a look: https://lnkd.in/ddbHWQ7p #energytransition #netzero #sustainability #carbonreduction #energysecurity #rsminsights