Interesting links, articles, news and blog posts sent out to members on 23/08/24.
News: Lithium breakthrough means key battery component can be extracted cheaply and sustainably from seawater – Independent Online
23 August 2024, Vishwam Sankaran. New method costs about 40 per cent less than current dominant method of lithium extraction and is cleaner, researchers claim:
Link: https://www.independent.co.uk/tech/lithium-extraction-sustainable-seawater-brine-b2599965.html
News: Miliband to preside over biggest North Sea oil projects in decades – The Telegraph Online
23 August 2024, Jonathan Leake. Energy Secretary once described similar oil field developments as ‘climate vandalism’:
Annual Report: Operation of the Capacity Market in 2023/24 – Ofgem
21 August 2024. The 9th report on the operation of the Capacity Market covers the Capacity Market Delivery Year 1 October 2023 to 30 September 2024 (to date):
Link: https://www.ofgem.gov.uk/publications/annual-report-operation-capacity-market-202324
Article: Energy prices forecast to rise by 9% in October – BBC News Online
19 August 2024, Kevin Peachey. Domestic energy prices are expected to rise in the run-up to winter, according to consultancy Cornwall Insight:
Link: https://www.bbc.co.uk/news/articles/cy54r9r1355o
News: New Energy Crisis Commission launched to help UK fine-tune response to rising gas prices – -Edie.net
14 August 2024, Sarah George. Experts from the CBI, Energy UK, Citizens Advice and National Energy Action are coming together to assess the impacts of the energy price crisis on homes and businesses – and help policymakers reduce the nation’s dependence on imported gas:
Article: Biomass power station produced four times emissions of UK coal plant, says report – Guardian Online
9 August 2024, Jillian Ambrose. Drax received £22bn in subsidies despite being UK’s largest emitter in 2023, though company rejects ‘flawed’ research:
News: Emissions Trading Schemes: British energy giants warn of looming £8bn revenue loss without international links – Edie.net
8 August 2024, Sarah George. Centrica, Drax and other energy majors with UK operations are imploring the new Government to align the UK’s carbon trading scheme with the EUs, or risk billions in foregone revenue: