News

Arbnco, a property technology firm based out of Scotland, has recently won a £641,000 contract from the UK’s government for the development of the Digital Energy Efficiency Platform or DEEP. This contract was awarded to Arbnco as part of phase two of an innovation contest, Boosting Access for SMEs to Energy Efficiency or BASEE.

London’s Sutherland Avenue has been fully converted into the UK’s first Electric Avenue, boasting 24 lamppost charge points for electric vehicles.
The project called ‘Electric Avenue, W9’ located in Westminster was developed by Siemens, an engineering giant, in collaboration with the Westminster City Council and ubitricity.

Octopus Group’s investment trust Octopus Renewables has introduced its first venture in the form of a wind farm in Sweden, with construction expected to be completed by 2021. This construction-ready project is being developed by renewable energy firm OX2 for cash consideration.

The world has recently experienced a sharp decline in oil prices following a demand disturbance prompted by the Chinese coronavirus outbreak. This issue has caused the benchmark Brent crude to fall 20% at a certain point this February. On the other hand, oil prices are slowly starting to stabilise with a 10% increase from its low-to-trade $59 per barrel as of late.

The UK energy supplier Opus Energy recently announced its latest offering Opus Advance, the 100% clean tariff in electricity that will benefit small- to medium-sized businesses or SMEs. It will be provided as a standard for both old and new customers.

Various reports concerning the UK’s waste management efforts have given insight into the nation’s approach and habits regarding garbage disposal and recycling.
More than half of UK adults involved in the YouGov survey have admitted to having no knowledge about plastic recycling. Over a third of respondents