Fourth Update of May 2019 – An overview of last week’s Energy news

Below is this week’s summary. It should be a one minute read relevant to UK energy with links to documents for those who wish to read more.

(Click a bullet point to open the relevant article)

Monday – 20th May

• Article in previous week’s update suggested Russia would step in to replace US supplies to China following increase of tariffs on US LNG from 10% to 25%. This article suggests it will be Australia.

Wednesday – 22nd May

• UK inflation has hit a 2019 high with significant drive being increased energy bills, themselves driven by an upward shift in the government price cap as cost of purchase of energy by suppliers increased.

• From Physics World, a concise summary of the recent UK Government Committee for Climate Change report proposing net-zero Carbon by 2050.

• An agreement has been announced for USA to export liquid natural gas to Saudi Arabia.

Thursday – 23rd May

• Clean Energy News describes increase in compressed natural gas from food waste in UK. Focusing on haulage industry, the article states that five new fueling stations will be able to re-fuel 3000 Heavy Goods Vehicles per day.

• Article quotes Wood Mackenzie prediction that global natural gas demand will grow by 40% over the next 20 years and that two-thirds of the growth will be from China.

Sunday – 26th May

• Guardian article includes a graphic tracking proportion of electricity generation of all 28 EU countries for coal, gas, nuclear and renewables. UK shows as a leader in replacing coal with renewables.