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Powerstar Round-Up 95






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.


Two thirds of UK manufacturers take strides towards Net Zero

65% of manufacturers have taken steps towards net zero, with 35% having a fully formed Net-Zero strategy in place

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Consortium of 100 businesses urges Europe to improve energy security

Businesses including Microsoft, Unilever and Iberdola have called for an accelerated energy transition

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Manufacturers call for support to tackle supply chain resilience

Britain’s manufacturers have called for a cross-industry and Government task force to assess current and future supply chain resilience

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Batteries at industrial and commercial sites could lower electricity costs for everyone

Industrial-scale battery storage systems could significantly lower electricity costs for sites where they are installed as well as reducing the cost of power for consumers

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Storage predicted to make up 10% of grid capacity by 2030

Study shows a huge increase in battery storage will be needed to meet 2030 renewable targets, with around £20bn on Government investment required to deliver it

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Bank of England to focus on financial resilience to climate change

BoE’s Financial Policy Committee said the impact of Russian invasion of Ukraine on the transition to net-zero is yet to be determined

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