Energy and Climate Intelligence Unit’s Post

We all learn from our friends and partners, and when it comes to energy efficiency, the UK needs to take a leaf out of the Nordics' book. Because a serious and sustained hike in energy prices is on the way. ⚡️ Despite the temporary lowering of the UK's energy price cap between July and September, the reality is that energy prices will climb after that. And climb. And climb. For at least a decade. But the Nordic countries, with their long-established tradition of district heating system and renewables, and an evolving emphasis on smart heating systems that are more monitorable and controllable, will avoid much of this impact. And the UK can, too. It all starts with understanding the energy-efficient solutions that are on offer. And that all starts with Cetetherm ➡️ https://lnkd.in/drxirPa #districtheating #ofgem #heatpumps #energyefficiency #netzero

World tensions yet again the driving factor in the markets this week, however these have been counteracted with increased wind generation. A full run down of the energy markets is here, a day earlier than normal due to the UK bank holiday weekend. If your business has renewals in 2024 or 2025, now is the time to start reviewing options, reach out to Victoria Thomson on victoria@maximeyes.me for an initial discussion and personalised market report. #energymarkets #energy #energypartner #marketupdate

Explore how switching to solar and electric can lower your energy bills and benefit the environment. Here’s how we can help: ✅ See the difference in costs before and after making the switch. ✅ An average Canadian household saves over $355 each month by switching to solar and electric energy. ✅ Currently there are interest-free loans to help with that switch across Canada, and rebates in some areas. We’re here to guide you through a simple transition. Contact us now to learn how smart-planning for the future can lead to significant savings without the stress: https://bit.ly/3tTkFhg #solarcanada #electrification #cleanenergycanada #climateactionnow #solarpowercanada

A more electrified UK means greater energy security. Our dependence on imported fossil fuels means we’re vulnerable to price spikes and inflation. By being at the forefront of the clean energy transition and increasing generation from renewable and low carbon energy sources such as wind and solar, we can shield ourselves from volatile global markets. Let’s power the UK with clean, secure energy. Let’s #ElectrifyBritain. ⚡

As far as energy prices are concerned, things are looking up in the UK thanks to a new, lower price cap - but the reality is it could be the calm before the storm. Ofgem has confirmed that the energy price cap, from 1 July to 30 September, will see average energy bills reduced by approximately 7% a year compared to the previous energy price cap. But beware - this doesn't equate to energy stability! Energy prices are still predicted to rise in the autumn, and over the next decade, and a potential change of Government in the UK could, depending on policy, push energy stability either way. In short, now - more than ever - the UK needs to be investing in smart, energy-efficient, thrifty heating and hot water systems, fed by forward-thinking sources like district heating, renewables, and hybrid options. And at Cetetherm, we have tried, tested, and trusted solutions ready to go ➡️ https://lnkd.in/drxirPa #districtheating #ofgem #heatpumps #energyefficiency #netzero

The coming UK energy price cap reduction is just a temporary sticking plaster. A price hike is on the way, and is it's likely to climb for the next ten years. This is why not only 𝘳𝘦𝘥𝘶𝘤𝘪𝘯𝘨 energy use, but 𝘤𝘰𝘯𝘵𝘳𝘰𝘭𝘭𝘪𝘯𝘨 and 𝘮𝘰𝘯𝘪𝘵𝘰𝘳𝘪𝘯𝘨 it more effectively are critical themes - and the right technology will help you stay ahead of the game.

It’s clear that the economic impact of high energy prices isn’t over for UK industries and sectors. In response to high energy costs and with government energy support set to end, 81% of businesses plan to increase the price of their products and services at least moderately over the next two years. Read more in @PwC UK's Energy Survey 2024: https://pwc.to/3urSLsX #IndustryinFocus #EnergySurvey

The Energy Price Cap: A Short-Term Fix with Long-Term Consequences As the new energy price cap takes effect on1st April, promising a significant reduction in gas and electricity bills for millions of households across England, Scotland, and Wales, please don't be fooled by this seemingly positive development. While the immediate relief on energy bills is undoubtedly welcomed by consumers, the reality is that such measures offer only temporary respite from the inevitable volatility of energy markets. In fact, the downward trend in prices that the cap imposes can lull businesses and homeowners into a false sense of security, obscuring the looming reality of inevitable price hikes in the future. It's imperative that consumers recognise the transient nature of these savings and consider alternative, sustainable solutions to safeguard against future energy price fluctuations. Let's not be blinded by the short-term benefits. History has shown us that energy markets are inherently volatile, subject to geopolitical tensions, supply disruptions, and fluctuating demand. The recent drop in prices are contingent upon a myriad of factors beyond our control. Until the next conflict disrupts supply chains or geopolitical tensions escalate, energy prices can only rise over time, eroding the savings afforded by the price cap. Investing in renewable energy sources such as solar panels offers a sustainable solution that not only reduces reliance on fossil fuels but also insulates against future price volatility. By harnessing the power of solar energy, businesses and homeowners can significantly reduce their dependence on grid-supplied electricity, thereby shielding themselves from the inevitable price hikes that lie ahead. Moreover, embracing renewable energy technologies aligns with broader societal goals of sustainability and environmental stewardship. In an era defined by the urgent need to combat climate change, transitioning to renewable energy sources represents a tangible step towards a greener, more sustainable future. By investing in solar panels and other renewable energy solutions now, consumers not only secure long-term financial benefits but also contribute to the collective effort to combat climate change and build a more resilient energy infrastructure. Let me know your thoughts. If you want a free quote for solar panel installation for your home or business give us a call on 0115 7720456 or message melissa@ljmsolutions.co.uk and we'll help you to keep your energy bills low for the foreseeable future. #solarpanelinstallation #energypricecap #renewables #reducedbills #energysolutions

The Energy Price Cap: A Short-Term Fix with Long-Term Consequences As the new energy price cap takes effect on1st April, promising a significant reduction in gas and electricity bills for millions of households across England, Scotland, and Wales, please don't be fooled by this seemingly positive development. While the immediate relief on energy bills is undoubtedly welcomed by consumers, the reality is that such measures offer only temporary respite from the inevitable volatility of energy markets. In fact, the downward trend in prices that the cap imposes can lull businesses and homeowners into a false sense of security, obscuring the looming reality of inevitable price hikes in the future. It's imperative that consumers recognise the transient nature of these savings and consider alternative, sustainable solutions to safeguard against future energy price fluctuations. Let's not be blinded by the short-term benefits. History has shown us that energy markets are inherently volatile, subject to geopolitical tensions, supply disruptions, and fluctuating demand. The recent drop in prices are contingent upon a myriad of factors beyond our control. Until the next conflict disrupts supply chains or geopolitical tensions escalate, energy prices can only rise over time, eroding the savings afforded by the price cap. Investing in renewable energy sources such as solar panels offers a sustainable solution that not only reduces reliance on fossil fuels but also insulates against future price volatility. By harnessing the power of solar energy, businesses and homeowners can significantly reduce their dependence on grid-supplied electricity, thereby shielding themselves from the inevitable price hikes that lie ahead. Moreover, embracing renewable energy technologies aligns with broader societal goals of sustainability and environmental stewardship. In an era defined by the urgent need to combat climate change, transitioning to renewable energy sources represents a tangible step towards a greener, more sustainable future. By investing in solar panels and other renewable energy solutions now, consumers not only secure long-term financial benefits but also contribute to the collective effort to combat climate change and build a more resilient energy infrastructure. Let me know your thoughts. If you want a free quote for solar panel installation for your home or business give us a call on 0115 7720456 or message melissa@ljmsolutions.co.uk and we'll help you to keep your energy bills low for the foreseeable future. #solarpanelinstallation #energypricecap #renewables #reducedbills #energysolutions

The UK Government has unveiled the latest phase of its Industrial Energy Transformation Fund, pledging a further £185m to help businesses switch to clean energy sources and cut back on energy consumption, after naming the first 12 winners of a local decarbonisation competition. Minister for Energy Efficiency and Green Finance Lord Callanan unveiled the new funding. From next week, businesses will be able to apply for shares of £185m from the Industrial Energy Transformation Fund. The fund is designed to reward businesses with projects and initiatives that can help their operations run on clean energy by switching to renewables, replacing inefficient equipment and utilising electric solutions and hydrogen. https://lnkd.in/efkNeAHS #funnels #energy #transformation #decarbonisation #hydrogen