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The Energy Act 2023: What it is, what it means and when it will take effect

Envirotec Magazine

Eleni Diamantopoulou is Practice Development Lawyer (Energy) at Womble Bond Dickinson. Eleni Diamantopoulou writes The Energy Act 2023 (the Act) is finally here. The Act also empowers the UK Government to fund hydrogen though a levy and to set strategic priorities in CCUS though a CCUS Strategy and Policy Statement.

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Britain’s smart meter programme – more needs to be done

Smart Energy International

Britain’s smart meter programme has failed to hit targets and secure public support, the parliamentary Public Accounts Committee (PAC) has reported. In that period the deadlines have been pushed back three times and the targets reduced from “all homes and small businesses” to have smart meters by the target date to the current 74.5%

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Geopolitical uncertainty, trade restrictions and divergence on AI ‘biggest risks’ to growth for global companies

Envirotec Magazine

The Energy and Natural Resources sector also recorded the lowest Financial Performance Index (FPI) score amongst all sectors, an indicator of under-performance and potential instability. In 2023, a staggering 91 countries were involved in some form of conflict, a significant increase from 58 in 2008.This percent impact on global GDP.

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How can Canada meet net-zero goals? Focus on the grid

Smart Energy International

Whether switching from gas powered cars to EVs or from oil heating to electric, Canada has the chance to lead the transition to a cleaner and greener world. The biggest question that comes to mind is how to make this transition happen in accordance with the timeline that the Canadian government has set in 2050.

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'No plan nor meaningful delivery': MPs slam government's 'woefully inadequate' domestic energy efficiency plans

Business Green

Environmental Audit Committee warns government has underestimated challenge of decarbonising UK’s housing stock, putting net zero goal in jeapordy. Less than half of the £9.2bn budget for energy efficiency measures promised in the Conservative party manifesto in 2019 has been allocated, and most of it remains unspent, the report warns.

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Ready to embrace IEC 61850 everywhere in your power grid?

Smart Energy International

But if Thomas Edison, who opened the first investor-owned power utility in New York City 140 years ago, were to tour the switchyard of a modern substation, he would still recognize the transformers, circuit breakers, switches and capacitors. To the naked eye, it might appear that the power grid hasn’t changed.

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Ex-COP26 President’s Role at Fossil Fuel ‘Astroturfing’ Firm Approved

DeSmogBlog

Former UK Energy Minister and original COP26 President Claire O’Neill has been cleared to take up a role at a business consultancy known for running “astroturf” campaigns for fossil fuel companies, despite warnings from the body that approves such appointments. Oil and Gas Industry Groups.