Energy Live News

2 days ago | energylivenews.com | Sumit Bose

Global energy investment is set to hit a record $3.3 trillion (£2.4 trillion) this year, driven by a surge in clean energy spending, despite ongoing geopolitical tensions and economic uncertainty. According to the latest IEA World Energy Investment report, clean technologies — renewables, nuclear, grids, storage, low-emission fuels, efficiency and electrification — are on track to attract $2.2 trillion this year. That is more than double the $1.1 trillion earmarked for oil, gas and coal.

2 days ago | energylivenews.com | Sumit Bose

The GMB union has called out Octopus Energy for what it says are potentially unlawful changes to workers contracts. Staff at Octopus Energy have raised a collective grievance against the energy supplier, after having had their working weeks increased by an additional five hours – without consultation or payment for the extra work.  GMB also alleges that workers’ morale is being ground down by unrealistic performance targets and persistent overbooking of work.

2 days ago | energylivenews.com | Sumit Bose

Sir Keir Starmer has stepped in on controversial net zero plans that risk pushing up power costs for homes and businesses in the South, sparking fears of a voter backlash. Downing Street has taken a keen interest in Energy Secretary Ed Miliband’s zonal electricity pricing proposals, says the Daily Telegraph – with officials warning the Prime Minister is now closely watching the policy’s progress. A fresh review of costs and benefits has been ordered, putting the plan’s future in doubt.

2 days ago | energylivenews.com | Sumit Bose

MPs have issued a scathing rebuke to the government over its failure to protect England’s seas, calling for an immediate ban on destructive practices like bottom trawling in protected waters. In a report published today, the House of Commons Environmental Audit Committee warns Marine Protected Areas (MPAs) are failing in their core purpose – because damaging activities such as dredging, mining and trawling are still allowed to take place.

2 days ago | energylivenews.com | Sumit Bose

As heatwaves become longer and more intense, a growing number of Europeans are falling into summer energy poverty – the inability to keep homes cool during dangerously hot weather. Climate Action Network (CAN) Europe is warning that governments must urgently tackle this issue in their upcoming National Building Renovation Plans (NBRPs), due by the end of 2025. These plans, it says, must go beyond winter heating and focus on protecting vulnerable households from extreme summer temperatures.