Study: EVs and heat pumps cut UK fossil fuel use by 14 million barrels of oil in 2023

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Think tank calls for 'joined-up thinking' to accelerate electrification and ensure it delivers promised efficiency, cost, and energy security benefits

Electric vehicles (EVs) and heat pumps cut the UK's oil and gas consumption by the equivalent of 14 million barrels of oil in 2023, a new analysis has revealed today. According to figures from think...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Reports: Government poised to reject plans for zonal pricing

Reports: Government poised to reject plans for zonal pricing

Imminent decision expected to drop plans to switch to a system of regional power pricing, sparking both relief and anger across the energy sector

James Murray
clock 09 July 2025 • 7 min read
NESO: Nearly two million households and businesses joined grid flexibility services last winter

NESO: Nearly two million households and businesses joined grid flexibility services last winter

Sharp increase in number of properties taking part in flexible grid services underscores financial and emissions savings on offer

James Murray
clock 07 July 2025 • 4 min read
Zonal pricing: New research claims switch could avoid need for £27bn in grid spend

Zonal pricing: New research claims switch could avoid need for £27bn in grid spend

Study commissioned by Octopus Energy argues switch to zonal pricing could slash energy systems costs, as the grid continues to decarbonise

Michael Holder
clock 04 July 2025 • 5 min read