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Powerstar Round-Up 107
Powerstar round up Number 107 The latest news and updates in the energy sector
Powerstar Round-Up 108
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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
National Grid turns to coal power amidst rising air conditioning demand
Uniper’s Ratcliffe-on-Soar coal station was brought online as the heatwave caused a spike in demand for air conditioning
2
Energy Profits Levy to remain in place until March 2028
The marginal tax rate of 75% on North Sea oil and gas production will remain in place for the next five years
3
IEA calls for doubling of global pace of energy efficiency improvement
Increasing the pace of energy efficiency progress is a key step in efforts to reach net zero emissions
4
Crackdown on ‘zombie’ energy projects blocking National Grid
Delays of up to 10 years for connection works are blamed on so-called zombie projects clogging the system
5
Clean energy investment extends lead over fossil fuels
Global clean energy investment on course to reach $1.7 trillion during 2023
Read more here
6
UK wind farms forced to power down due to lack of storage
£500 million was added to energy bills due to fees paid to wind farms forced to shut down due to lack of storage
Read more here
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