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Powerstar Round-Up 102
Powerstar rounds up the latest news and updates in the energy sector
Powerstar Round-Up 103
Welcome to the latest round-up. We have pulled together some of the biggest developments in energy into one, convenient list to help you keep up to date with the ever-moving landscape of the UK’s energy sector.
1
Renewable energy saved Brits £5.7bn last year
Between October and the end of December, renewable generation made up 54% of the UK’s electricity, reducing reliance on imported gas
2
Energy prospects for 2023 blow hot and cold
War in Ukraine continues to upend oil and gas markets, but boosts prospects for renewable energy and hydrogen
3
EDF to reconsider end date of two nuclear plants due to windfall tax
EDF is considering shutting down two nuclear power plants in response to the windfall tax on low carbon electricity
4
Business energy bill support to be slashed 85%
New support package provides a discount on wholesale energy costs rather than a price cap
5
Manufacturers believe energy price increases show no signs of abating
70% of businesses in the sector expect their energy costs to increase in 2023
Read more here
6
Warm winter helps Europe overcome Russia’s energy squeeze
Gas prices return to pre-war levels and supply levels are robust as warm weather limits demand
Read more here
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