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Natural Power supports Apollo Funds’ $824m renewable energy investment

Leading renewable energy consultancy and service provider, Natural Power, has provided technical due diligence support to Apollo Funds for its $824 million investment to support NextEra Energy Partners’ acquisition of… The post Natural Power supports Apollo Funds’ $824m renewable energy investment appeared first on London Business News | Londonlovesbusiness.com.

The Nuclear Option

The UK is facing an energy crisis, and a climate crisis. People are rightfully concerned about their future, both short term and long term, as energy costs have shot up whilst temperatures rise. How can we solve both these problems? For too long, politicians have delayed bringing in proper legislation to deal with these crises,…

China, India and US absent from ‘ambitious’ pledge to phase out coal

The UK has helped secure a 190-strong coalition of countries and organisations at COP26, with countries such as Poland, Vietnam, Egypt, Chile and Morocco announcing commitments to phase out coal power. However the absence of Australia, China, India and the US from the deal has received criticism. Last year China accounted for over 50 percent…

Three million households entering winter with energy debt

More than three million households are entering winter in debt to their energy supplier — half a million more than last year, according to new research from Uswitch.com, the comparison… The post Three million households entering winter with energy debt appeared first on London Business News | Londonlovesbusiness.com.

Another energy supplier goes bust due to ‘unprecedented and unexpected rise in gas and electricity prices’

Small energy supplier company Bluegreen Energy who have around 5,900 customers have ceased trading on Tuesday. Bluegreen Energy told their customers that their power will not be cut off and… The post Another energy supplier goes bust due to ‘unprecedented and unexpected rise in gas and electricity prices’ appeared first on London Business News |…

Energy price surge underlines need to accelerate clean energy transitions rather than subsidise fossil fuels

Countries should resist raising government support for fossil fuels in response to the global surge in energy prices and the economic impacts of the pandemic, according to the OECD and… The post Energy price surge underlines need to accelerate clean energy transitions rather than subsidise fossil fuels appeared first on London Business News | Londonlovesbusiness.com.

Only ¼ of large caps are on track to meet the Paris Agreement

The United Nations Climate Change Conference of the Parties (COP) is in its 26th edition this year in Glasgow, Scotland. This is where global head of states, policymakers, and luminaries are… The post Only ¼ of large caps are on track to meet the Paris Agreement appeared first on London Business News | Londonlovesbusiness.com.

70% of SMEs believe their energy bill impacts the growth of their business

At a time of record gas prices and the energy price cap rising, energy costs and potential savings are more important than ever for SMEs. But how savvy are small… The post 70% of SMEs believe their energy bill impacts the growth of their business appeared first on London Business News | Londonlovesbusiness.com.

New finance model to help cut the cost of new nuclear power projects in Britain

A new funding model to attract a wider range of private investment into new nuclear power projects, cutting the cost of financing them and reducing the cost to consumers, has… The post New finance model to help cut the cost of new nuclear power projects in Britain appeared first on London Business News | Londonlovesbusiness.com.

Energy industry demands action ahead of COP26

Ahead of COP26 this weekend, the Association of Investment Companies (AIC) has spoken torenewable energy infrastructure managers. They discuss what they expect to see from COP26, the impact of rising… The post Energy industry demands action ahead of COP26 appeared first on London Business News | Londonlovesbusiness.com.

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