Energy costs make up about 19% of office expenses in the U.S. In the UK, the story is similar. Energy UK and the CBI jointly reported that electricity prices for medium-sized UK businesses are around double the EU median of about €0.15/kWh.
Ever since renewables started making to headlines, we have expected electricity to become more abundance and cheaper. In the last decade, although progress in renewables have been impressive but we still have not seen a meaningful decrease in our bills.
The week in numbers Table with 2 columns and 5 rows of data. (column headers with buttons are sortable)7-day average price£137.87/MWhWeek's highest price£349.00/MWh (Thu 13 August)Week's lowest price£47.77/MWh (Mon 10 August)Negative price periods0Weekly
Data are sourced from Elexon BMRS half-hourly settlement prices and NESO Data Portal. The merit order suppression model is based on Cludius et al. (2014) and Clò et al. (2015). Carbon calculations use UK ETS price of £45/tonne and DESNZ 2024 grid factor of 181 gCO₂/kWh. Caption:
For most of the twentieth century, it was not possible to think about a car without the fuel. Today, things are changing faster than anyone expected.
For decades, business growth came from securing funding, attracting skilled workers, and finding customers. A new constraint is now quietly joining that list and, unlike the others, we cannot negotiate it, disrupt it, or hire our way around it.
Artificial intelligence (AI) is becoming part of everyday life, with businesses across industries exploring its potential to improve performance. However, its rapid adoption is also emerging as a major driver of rising electricity demand.
Our electricity bills are not determined at the point of generation, but by the cost of moving, balancing, and stabilizing electricity across the grid. As the system becomes more complex, the cost of the grid itself is becoming one of the most important drivers of future electricity prices.
Every time fossil fuels are burned, an indirect cost is created that eventually appears in higher energy bills, insurance, food prices, and the deterioration of infrastructure.
According to the Investment Intentions Survey in Jan 2026, 38% of investors plan to increase real estate investment over the next two years. However, ShelterBox warns that rising extreme weather could lead to the loss of 8.35 million homes annually until 2040.
Over the past few decades, the transition to a greener economy has created many new job opportunities. Still, as Artificial Intelligence (AI) gains momentum and offers immense potential, there is a growing concern that it may lead to unpredictable job losses.
War rarely stays confined to the battlefield. When conflict erupts in one of the world’s most strategically important energy regions, the consequences have a domino effect across financial markets, government budgets, and global priorities.
As we search for cleaner energy sources, natural gas has emerged as an alternative solution to fossil fuels. It is believed to produce about 50-60% less CO2 than coal.
Energy Markets
Many sustainable businesses are now monitoring direct emissions from their facilities. Yet, this only captures a small portion of the overall emissions. The huge lump comes from the sources of power, which contain a substantial amount of fossil fuels.
Renewable Energy Investment
Wind and solar farms are expected to play a crucial role in tripling renewable energy capacity on a global scale by 2030. However, many countries are facing difficulty transitioning to clean energy at present, let alone meeting the net zero target.
Sustainability Consultant
The UEFA Euro 2024 football tournament has been the talk of the town. A big tournament like this has an extra responsibility to showcase its commitment to green initiatives, but will the competition live up to its promise?
Sustainability Consultant
During COP28, countries agreed to triple renewable energy capacity by 2030. As these goals transform into more concrete plans, investments in renewable energy are anticipated to rise substantially, providing an opportunity for companies to hire for major renewable energy jobs.
Sustainability Consultant
Europe still hasn’t fully recovered from the horror of the floods that claimed more than 200 lives across Germany, Belgium, and the Netherlands in 2021. Again, in the last few weeks, floods have hit parts of Germany and Italy, but the effects of El Niño may not be the only culprit.
Sustainability Consultant
As the global economy continues to expand, there's a growing demand for an increased reliance on renewable sources. However, hot summers make popular renewables such as wind energy less efficient, which is a huge disadvantage.
Energy Markets
In 2022, the supply chain disruptions caused by Ukraine’s invasion increased coal production around the world by 8.2%. Over 70% of the coal mining happened in Asia, with China and India leading the production.
Renewable Energy Investment
In 2022, Germany announced a series of initiatives to transform the focus of the energy landscape into renewable energy. Their highly ambitious goals included achieving an 80% share of renewable sources in electricity generation by 2030 and 100% by 2035.
Sustainability Consultant
The digitalization of modern life and innovative technologies has completely transformed the way people shop. However, this significant increase in e-commerce logistics also comes with some hidden environmental costs.
Sustainability Consultant
When boilers operate at high temperatures, oxygen interacts with nitrogen from the air and the fuel used, resulting in the formation of nitric oxide (NO) and nitrogen dioxide (NO2), collectively known as nitrogen oxides (NOx).
Sustainability Consultant
A recent Deloitte study believes that about 90% of Gen Zs and millennials actively seek to reduce their environmental footprint, yet only 18% believe their employers have a strong commitment to addressing climate change.