A great bit of innovation happened in Devon when the business Deep Green, which delivers computer power for AI and Machine learning, supplied free heating for a public swimming pool.
They did so by utilising the heat from a washing-machine-sized data centre to heat the pool, reducing energy consumption for both heating the pool and cooling the data centre.
Chancellor Jeremy Hunt released the Spring Budget 2023 with some need-to-know details about energy. These included a reclassification of nuclear energy alongside funding for energy efficiency and Carbon Capture, Usage and Storage.
The IPCC, a body consisting of leading climate scientists from across the globe, has said that the planet has reached the point where urgent action is now essential. This is due to greenhouse gas emissions pushing the planet to the brink of damage only drastic intervention can stop.
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Wael Sawan, the Shell CEO, has claimed that the US is a better place for energy investors than Britain in an interview with The Times (behind a paywall).
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The Orkney Islands, home of the world’s most powerful tidal turbine, has seen further investment in the power source. This is with a 30MW tidal project that will “result in over £120 million of domestic supply chain spend and create hundreds of jobs.”
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Overall prices have dropped in March, despite issues with US banking and French Nuclear. Our article gives you a snapshot of the month’s market trends you need to know about.