Compensation for energy intensive industries (EIIs) in the UK for renewables subsidies has cleared state aid, potentially saving such businesses hundreds of millions of pounds.
The Federation of Small Businesses has launched a new service to help its members reduce gas and electricity bills by offering guidance on switching and efficiency measures.
A group of 114 companies including major multinationals such as Ikea, Walmart, Dell and Sony have signed up to the Science Based Targets Initiative (SBTI) at the COP21 summit in Paris.
Around two thirds of the 10,000 companies eligible for the Energy Savings Opportunity Scheme (ESOS) have complied within the deadline, leaving more than 3,000 yet to contact the scheme’s regulator.
Home improvement retailer Kingfisher has announced plans to invest £50 million in renewable energy across its network of locations in an effort to reduce energy consumption from the national grid by 10% in the next two years.
All new buildings constructed after 2020 will be built to European standards for high energy performance and will incorporate renewable energy sources to meet the low energy demand of each building.
Energy utilities are increasingly diversifying their business models and transitioning towards service companies, Quby’s chief commercial officer Ronald Carpentier has said.
Boris Johnson has praised London’s businesses for reducing their carbon emissions at an event celebrating the energy saving achievements of a wide range of firms operating in the city.
The National Infrastructure Commission (NIC) has launched a call for evidence on energy as it begins its review of how the UK can better balance supply and demand.
