" "
UK renewable energy generation in 2020 ‘outpaced fossil fuels for first year ever'
Apr 09, 2021

According to new statistics released by the government, renewables provided 42.9% of the UK’s electricity last year, while fossils generated 38.5% - positive news for the UK in its journey towards net-zero.

Record-breaking figures

The analysis by the Department for Business, Energy and Industrial Strategy notes that last year was a record low for use of fossil fuels and compares it to the 75.4% share that fossil fuels held in 2010.

 

RenewableUK‘s Deputy Chief Executive Melanie Onn said: “Today’s record-breaking figures, set despite the pandemic, show that renewables are keeping this country reliably powered up during the most challenging period any of us have faced for many decades.

Wind generation

Offshore wind generation accounted for most of the increase of renewables in the electricity mix and was mainly driven by the high wind speeds that occurred over the year, as well as increased capacity. The report also reveals onshore and offshore wind together provided more than half of the UK’s renewable power in 2020, generating 24.2% of the UK’s total electricity needs.

 

RenewableUK‘s Deputy Chief Executive Melanie Onn said: “The offshore wind industry is attracting over £60 billion in private investment in this five-year period, helping to kickstart the Prime Minister’s green economic recovery and getting us closer towards net zero emissions on time.”

Reduced energy consumption 

The total final energy consumption in 2020 was 13% lower than in 2019, whilst transport energy consumption was 28% lower – both at record lows. This decrease energy usage is a result of Covid-19 restrictions which meant that in most industries, commercial services and transport demand was reduced.

Moving towards net-zero

We’re committed to helping our customers reduce their emissions, shaping a net-zero future for the UK. Your business can play a part in helping the UK reduce polluting emissions through our variety of green products and services. Including our green energy tariff where 100% of supplied electricity is from renewable sources - with each megawatt backed by Guarantee of Origin certificates. Find out more about our green tariff for business below.

> Find out more
06 Jul, 2022
Balancing planet and profit during unprecedented market volatility
By Vander Caceres 14 Jun, 2022
Wholesale energy prices have experienced unprecedented levels of volatility since the end of summer 2021, with both day ahead/spot and future contracts surging to all-time highs. In the last couple of months, prices have decreased but still remain high compared to a year ago. This period of high energy prices is expected to continue for the foreseeable future (see next section). Energy prices have surged for a number of reasons: A global increase in gas demand following the ease or end of Covid-related restrictions throughout 2021. After the pandemic, economies across the world started to recover. Asian countries like China saw their imports of Liquified Natural Gas (LNG) increase. This resulted in lower LNG shipments to the UK and Europe. On the supply side, the Covid-19 lockdowns pushed some maintenance work from 2020 into 2021 at a time when demand was recovering. In 2021, gas production hit a record low of 363TWh, 47TWh below the previous record low in 2013. Low production was the result of an extensive summer maintenance schedule which saw shutdowns at several major terminals, as well as the Forties Pipeline System which serves a significant proportion of UK gas and oil production. A lack of wind in the summer resulted in higher demand for conventional power. European gas storage in 2021 and Q1’22 remained far below previous years and it’s unclear how these are going to be replenished in the summer given the concerns around supply including the potential suspension of Russian gas flows due to sanctions. The 1,234km offshore Nord Stream 2 gas pipeline, which was designed to double the flow of gas between Russia and Germany (and by extension the rest of Europe) has been abandoned following the invasion of Ukraine. Gas storage in the UK is extremely minimal with capacity at less than 2% of the UK’s annual demand, compared with 22% for other European countries. Whilst the UK is not heavily reliant on gas coming from Russia, it sources almost half it’s gas supply from Europe. Hence, wholesale gas and power prices in the UK are now subject to knock-on-effects from the conflict in Ukraine.
20 May, 2022
Amidst rising energy costs, digitalisation, growing pressure from stakeholders and increasing regulation, organisations may struggle to define their pathway to a low-carbon future. What can you do to protect your business’ net zero plans from the challenges of volatility? Disruption and volatility are putting organisations under pressure. Digitalisation and new technology developments continue to challenge existing business models. Its increasing dependence on energy and encouraging businesses to drive change to secure competitive advantage. And as customers, employees and shareholders look to engage with companies who understand the importance of decarbonisation, pressure is mounting to prioritise sustainability.
> Show More
Share by: