Energy market prices are at a record high, presenting a major risk to corporate bottom lines. Alex Biggerstaff, Risk Manager at BiU explains what’s going on and offers some tips for trading in this volatile market. What’s causing energy prices to rise? Around 50% of our electricity comes from gas-fired power stations, so the gas shortage is hitting the market hard. The reasons behind the supply issues are complex: wind… Read More »What’s going on with energy prices? And how can businesses protect themselves?
This year sees BiU, commercial energy consultant based on the Fylde Coast, reach double ISO success for quality management through ISO 9001, and environmental management with ISO 14001.
We’ve unpacked the key points from government’s new hydrogen strategy (it’s an easy read!), and we’ve also got advice on how your business can take action in response to the latest damning evidence on climate change. Those articles and more are below, and if you need advice on your company’s energy challenges, get in touch.
If we act quickly, we can still avoid catastrophe. Scientists are hopeful that if we can cut global emissions in half by 2030 and reach net zero by the middle of this century, we can halt and possibly reverse the rise in temperatures.
This week wholesale energy prices hit a record high, going over £100 per megawatt hour of energy. If you’re a UK business, energy market volatility has serious consequences for your bottom line. Most high-volume corporate energy users without a robust energy strategy are now facing a 30% increase in energy costs.
ESOS and SECR have coexisted for over two years, with separate but closely related aims. Now the government is consulting on wide-ranging changes to ESOS which could not only strengthen the scheme, but bring it into closer alignment with SECR.