Britain is about to pass a significant landmark – at midnight on Wednesday it will have gone two full months without burning coal to generate power. A decade ago about 40% of the country’s electricity came from coal; coronavirus is part of the story, but far from all. When Britain went into lockdown, electricity demand plummeted; the National Grid responded by taking power plants off the network. The four remaining coal-fired plants were among the first to be shut down. The last coal generator came off the system at midnight on 9 April. No coal has been burnt for electricity since. The current coal-free period smashes the previous record of 18 days, 6 hours and 10 minutes which was set in June last year.
BBC 9th June 2020 read more »
BP will axe more than 10,000 jobs this year as low oil prices bite and the energy titan accelerates its switch to green power. Bernard Looney, the company’s chief executive, told staff on Monday that 15pc of the firm’s global workforce is to be laid off following a collapse in the oil price that has left the industry reeling. Senior executives will be included in the cutbacks, with one third of all top managers getting laid off. The majority of those affected are expected to leave this year, BP said. Most roles affected will be in the company’s offices, with oil platform engineers and other frontline staff expected to be protected.
Telegraph 8th June 2020 read more »