21st January 2019 | Commercial Energy
Hitachi has announced the decision to suspend indefinitely its UK nuclear power station construction project, located in Wylfa Newydd, Anglesey, Wales. Experts have warned that this could lead to a UK energy crisis. The company also announced that it would suspend its other nuclear UK-based project in Oldbury. Construction was to begin after Wylfa was…Read more
21st January 2019 | Recycling
The Alliance to End Plastic Waste has committed $1bn (£778m) over the next five years to reduce plastic production and improve recycling. The founding companies behind a self-styled alliance to end plastic waste are among the world’s biggest investors in new plastic production plants, according to a European NGO. A majority of the firms which…Read more
19th January 2019 | Commercial Energy
If the UK gets rid of nuclear power, it will become more reliant on fossil fuels from Russia, writes Brian Wilson. Amidst the fine talk about “taking back control”, it was ironic that the most significant announcement for the British economy emerged this week from a Tokyo boardroom. The decision by Hitachi pull out of…Read more
16th January 2019 | Recycling
Plastics and consumer goods companies from across the world have formed an alliance to plough $1bn (£777.6m), into combatting plastics waste. The Alliance to End Plastic Waste (AEPW) hopes in time to increase this investment to $1.5bn. It so far has 28 members who have committed the $1bn over five years to develop methods to…Read more
15th January 2019 | Commercial Energy
Renewables are on course to overtake fossil fuels as the primary source of power in Britain during 2020, according to a new report by energy market analyst EnAppSys. The study predicts wind, solar and other forms of renewable generation will generate 121.3 terawatt hours of electricity during 2020 compared with 105.6 terawatt hours from coal-and…Read more