Category: decarbonise

Net Zero Hydrogen Levy Plans Could Push Energy Bills Up by £120 a Year: Report

May 19, 2023
Business & Marketsdecarboniseenergyhydrogennet zeroUKWorld
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The extra levy for hydrogen could add £118 to annual household bills, a 10 percent increase on dual fuel bills under the government’s net zero plans, according to analysis. A report from the centre-right think tank Onward published on Thursday claims that the levy to pay support for hydrogen production would raise energy bills by around…

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Ontario’s Goal to Decarbonize by 2050 Will Cost $400 Billion, Says Electrical Grid Operator

December 16, 2022
Canadadecarboniseelectricity gridWorld
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Ontario’s goal to shift completely from fossil fuel-based energy to green alternatives by 2050 will cost $400 billion and will require the size of the province’s electricity system to be doubled, according to the Independent Electricity System Operator (IESO). “Attaining a decarbonized electricity sector by 2050, alongside aggressive electrification, would require a system more than double the…

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Decarbonizing Ontario’s Electricity Sector by 2050 Will Cost $400 Billion, Says Grid Operator

December 16, 2022
Canadadecarboniseelectricity gridWorld
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Shifting Ontario’s electricity sector away from fossil fuel-based energy to green alternatives by 2050 will cost $400 billion and will require the size of the province’s electricity system to be doubled, according to the Independent Electricity System Operator (IESO). “Attaining a decarbonized electricity sector by 2050, alongside aggressive electrification, would require a system more than double the…

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London Cab Firm Addison Lee to Go Fully Electric by 2023

September 21, 2021
CABdecarboniseElectric VehiclesUKWorld
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Cab company Addison Lee has pledged it will operate only electric vehicles from 2023. The London firm said it is investing £160 million ($ 219 million) to shift its 4,000-strong fleet to electric. This will involve putting 200 Volkswagen ID.4 vehicles on the capital’s roads every month from November. The commitment is the largest single…

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