bp joins IBM’s network to advance quantum computing use in energy

The energy giant will work with IBM to explore the use of quantum computing to solve business and engineering challenges and potential applications for driving efficiencies and reducing carbon emissions

Louise Kingham leaves Energy Institute for bp

The EI’s Chief Executive Officer is expected to support the giant’s transformation into an integrated energy company

New York’s $226bn pension fund to divest from fossil fuels by 2025

It has set a long term goal to transition its portfolio to net zero greenhouse gas emissions by 2040

Guest Blog: Louise Kingham – Should all-male boards put themselves on their own risk registers?

Louise Kingham, Chief Executive of the Energy Institute, surveys the Energy Barometer’s findings on sector diversity

MPs join campaign to boost engineering jobs

More than 30 MPs have joined a campaign to inspire the next generation of engineers. The politicians have pledged to support the Year of Engineering, which aims to get young people across the UK into the industry and tackle a major skills gap. The move will see government work with hundreds of industry partners to […]

‘Big Six blamed for dysfunctional energy market’

A charity focused on the role of finance in improving society has blamed the Big Six suppliers for creating a dysfunctional energy market. Friends Provident Foundation claims they have too much influence on UK energy policy, are hindering the clean energy transition and posing significant investor risk. The group commissioned InfluenceMap to use its methodology for […]

Scotland offers £18m for the circular economy

Scottish energy businesses can now access up to £1 million of funding each to unlock new, sustainable opportunities for development. A total of £18 million worth of funding is available, provided by Zero Waste Scotland, the Scottish Government and the European Regional Development Fund (ERDF). Firms with innovative ideas to help future-proof the industry are […]

Energy firms seek smart tech takeovers

Around 90% of energy companies are actively seeking a smart technology joint venture or acquisition. That’s according to law firm Pinsent Masons, which suggests these firms want to adapt their business models to keep up with changing consumer behaviours, shifting government policies and to improve security of supply for the future. The survey of 250 […]

Customer service ratings for utilities jump up 3%

The proportion of customers saying utility firms offer the best service across 14 different sectors has jumped from 10% to 13% in the last year. That’s according to a new survey of 1,025 members of the public conducted by service design consultancy Engine, which has seen utilities rise from twelfth to ninth place in terms of customer satisfaction. This 3% rise was […]

Hackers ‘probably compromised’ UK energy industry

The UK’s energy industry is likely to have been targeted and “probably compromised” by state hackers. A leaked memo from the National Cyber Security Centre (NCSC) – part of intelligence gathering service GCHQ – specifically discussed threat to the energy and manufacturing sectors, according to technology site Motherboard, which obtained the document. It cites connections […]

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