Investment in the sustainable on-site power generation market within UK businesses has the potential to replace imported natural gas by 2035, says npower Business Solutions (nBS).
Hydrogen could play a vitally important role in the decarbonisation of the UK power system by providing flexibility services as a cheaper alternative to gas-fired flexible generation, Aurora Energy Research said.
bp has recorded £7.1 billion ($8.2 billion) in Q3 profit as the oil and gas giant (O&G)benefits from elevated energy prices amid the ongoing European crisis.
The Welsh Government has revealed plans to establish a publicly owned renewable energy developer to tackle energy security, the cost-of-living crisis and decarbonise the energy system.
The Net Zero Technology Centre (NZTC) has allocated £8 million in funding to support the development of 20 low-carbon technology projects via its 2022 Open Innovation Programme.
Greater Manchester is set to gain its first low-carbon hydrogen fuel hub courtesy of developer Carlton Power having secured planning permission for phase one of a £300 million scheme.
