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Sadiq Khan demands rebate for Londoners with communal heating systems missing out on energy price cap

The Mayor of London, Sadiq Khan, is calling on ministers to act to ensure 400,000 Londoners who live in properties on communal heat networks don’t miss out on the benefits… The post Sadiq Khan demands rebate for Londoners with communal heating systems missing out on energy price cap appeared first on London Business News |…

Europe warned by Russia to prepare for the gas to be turned off which could lead to an ‘orderly rationing of gas’ this winter

Europe has been warned by Russia to prepare for the gas to be turned off this winter which could see the “rationing of gas.” The head of the International Energy… The post Europe warned by Russia to prepare for the gas to be turned off which could lead to an ‘orderly rationing of gas’ this…

Switching to softer water could save Londoners over £600 a year on their energy bills

Hard water households in London could save £676 a year on energy bills by installing a water softener in their home, new research published today showed. People living in London… The post Switching to softer water could save Londoners over £600 a year on their energy bills appeared first on London Business News | Londonlovesbusiness.com.

Is hydrogen the silver bullet answer to emissions reduction?

If net zero CO2 by 2050 is the question, what is the answer? It’s something countless organisations, people and governments have been discussing since targets were set; how do we… The post Is hydrogen the silver bullet answer to emissions reduction? appeared first on London Business News | Londonlovesbusiness.com.

European economy to hit rock bottom as Citigroup warns Europe is ‘definitely’ heading into a recession as the energy crisis bites

Citigroup has warned that Europe is “definitely” heading into a recession amid the energy crisis hitting the European economy due to the ongoing Russian invasion in Ukraine. On Friday the… The post European economy to hit rock bottom as Citigroup warns Europe is ‘definitely’ heading into a recession as the energy crisis bites appeared first…

A waste management company has put a DAF CF 340 hydrogen fuel cell conversion truck into operation

A waste management company in Herten, North Rhine-Westphalia, Germany, has put a DAF CF 340 hydrogen fuel cell conversion truck into operation as part of the EU-funded HECTOR (Hydrogen Waste… The post A waste management company has put a DAF CF 340 hydrogen fuel cell conversion truck into operation appeared first on London Business News…

UK businesses could save £130 to £1,261 annually by switching off appliances

With inflation and bills going up, a savings calculator which allows businesses to find out where and how much they can cut costs across their energy consumption has been developed.… The post UK businesses could save £130 to £1,261 annually by switching off appliances appeared first on London Business News | Londonlovesbusiness.com.

Shares in energy firms fall after 25% windfall tax on oil and gas

Shares in energy companies have dropped this morning, as investors analyse yesterday’s 25% windfall tax on oil and gas producers’ profits. Harbour Energy, the biggest UK North Sea oil and gas… The post Shares in energy firms fall after 25% windfall tax on oil and gas appeared first on London Business News | Londonlovesbusiness.com.

Sunak urges wealthy to donate £400 handout

Chancellor Rishi Sunak has urged wealthy households to donate their energy bill handout to charity. Every single UK household will receive at least one  £400 grant.  People claiming benefits can receive another £650. £300 extra will be given to pensioners, with another £150 set aside for each person on non means tested disability benefits. Quizzed…

Energy Price Cap: Further rises will make the cost of living crisis a catastrophe, GMB warns

GMB Union has warned that if the energy price cap rises to £2,800 as predicted on Tuesday by Ofgem chief, then it will turn a cost of living crisis into… The post Energy Price Cap: Further rises will make the cost of living crisis a catastrophe, GMB warns appeared first on London Business News |…

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