Energy Hacks, Tips & Information

The government has committed another £14.2 billion to the Sizewell C nuclear plant, bringing the total public investment in the project to a significant level.  Sizewell C secured new funding from recent spending review decisions, benefiting from its shared EPR reactor design with Hinkley Point C to potentially avoid past construction issues. With most planning hurdles cleared, the Suffolk site is well ahead of other proposed nuclear developments. Nuclear capacity is becoming critical as older plants shut down. Most of the current atomic fleet will close by 2035, removing about 6GW of reliable generation from the system. Wind and solar cannot provide that kind of round-the-clock power output. The plant will generate enough electricity for 6 million households once both reactors are running. That's roughly equivalent to powering Greater London's residential demand. Construction will create around 10,000 jobs, with over 2,000 UK suppliers expected to contribute components and s...

  The UK’s energy future stands at a critical crossroads, as leading industry voice Offshore Energies UK (OEUK) delivers a forceful ultimatum. The government must overhaul or abolish the existing windfall tax on oil and gas profits by 2026. Their message leaves no room for doubt. This tax, as it stands, is directly throttling essential investment. It is jeopardising livelihoods, crumbling national energy security, and effectively stalling the entire move towards a sustainable green economy . With a punishing 78% headline tax rate, the UK's fiscal regime is now among the most aggressive globally for offshore energy. While initially billed to capture "extraordinary profits" during market surges, OEUK points to stark new data from the Office for National Statistics. It reveals that companies actually investing in UK oil and gas are now seeing negative returns.  " Action is needed now ," declared David Whitehouse, OEUK's Chief Executive. " We must secure jo...