First Update of August 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 – 29th July

• Beatrice offshore wind farm was opened this week. £2.4 billion cost makes it the biggest private capital investment project in Scotland and is 4th biggest wind farm in the world with a generating capacity of 0.6 Gigawatts.

Wednesday – 31st July

• UK has installed almost a gigawatt of offshore wind power generation during 2019 so far making it the leader in Europe.

Thursday – 1st August

• Carbon Brief has summarised 2018 BEIS annual UK energy report in a few good graphs including a graph which shows the energy mix from 1970 to 2018. Coal is vanishing from the mix. Energy from biomass is growing.

• The decision has been made to close the last coal-fired power station in Wales.

Friday – 2nd August

• A UK energy provider has been given a permanent exemption to UK Government’s energy price cap as it only provides energy from renewable sources. Price cap is £1254 but Good Energy company average cost is £1422.

• Cost of imported gas in liquid form continues to drop across Europe as new supplies from Russia, USA and others grow.

Sunday – 4th August

• UK price cap on energy is expected to fall at the end of Summer making an average saving of 6% per household.