Brexit bonus? Octopus invests in solar potential of Land of the Rising Sun
Japan was confirmed this morning as British clean electricity generator Octopus Energy’s foothold into more Asian expansion.
Greg Jackson’s privately held behemoth-in-the-making announced today its...
UK energy market pivots toward renewables amid Russian sanctions and fossil fuel concerns
Offshore wind leads renewables surge as UK pushes for energy security and low-carbon power, says Energy Industries Council report.
The UK energy market is shifting...
April’s end of Energy Bill Relief threatens 370,000 small firms, says FSB
The end of the Energy Bill Relief Scheme eight days from today could threaten the future of hundreds of thousands of small firms, according...
Government energy supports “misses out on big firms’ needs”, nPower finds
Two-thirds of larger businesses believe the Energy Bills Discount Scheme, due to come in next month - won’t go far enough to support them,...
Boiler upgrade drive “fails due to poor Whitehall publicity”, eco-advisers claim
Renewable energy advisors The Eco Experts have joined criticism of the government’s failing Boiler Upgrade Scheme, saying online search data they’ve collated proves the...
High power prices slow firms’ investment & recruitment, 2,300 tell ABB
Sustained high energy prices are deterring spending by large and small companies on recruitment, training and investment in productivity upgrades, research commissioned by multinationational...
Government’s £205 m fifth round CfD allocation “too low”, say green investors
Renewables investors have attacked as inadequate the government’s earmarking of £205 million for its latest Contracts for Difference bidding round.
The figure was revealed by...
Hunt’s ‘sustainable’ label for nuclear angers green campaigners
Jeremy Hunt’s designation in his spring budget of nuclear as a “sustainable” electricity source has provoked anger from environmental campaigners.
The chancellor made the re-classification...
Chancellor abolishes price premium for 4m prepayment meters, retains EPG till July
Jeremy Hunt bowed to back-bench pressure today in his Spring Budget, extending until July the government’s Energy Price Guarantee for domestic consumers, at a...
CCUS “backed by government’s £20 billion” to head Hunt’s energy Budget, Treasury briefs
Twenty-year Government incentives promoting carbon capture use and storage (CCUS) will reportedly headline benefits to the energy sector in Jeremy Hunt’s Budget on Wednesday.
The...
Octopus deepens presence in France
Britain’s third-largest energy supplier Octopus Energy is to invest Euro 1 billion in France’s green energy market over the next two years.
The investment will...
Recyclable blades in RWE’s “world’s first” installation off England’s North East
Turbine blades capable of being broken down into their component chemistries are targeted for a world’s first deployment in Britain’s coastal waters.
Mega-utility RWE has...
Act faster, or miss 2035 power decarb target, CCC urges government
Britain stands little chance, under the government's current pace, of meeting its 2035 goal of stripping all carbon out of the nation’s electricity, say...
Ofgem needs legal mandate to drive Net Zero, ENA & Green Alliance tell Shapps
Britain’s energy regulator needs an explicit mandate from lawmakers so it can be the UK’s centre for achieving Net Zero, leading energy & environmental...
Local energy systems need radical system overhaul, says Ofgem
Ofgem is seeking consumers’ & suppliers’ views on next steps needed to embed a more decentralised, decarbonised and dynamic energy system for the UK.
It...
Harmony and Downing trumpet clean power buys
Two London-quoted investment funds were today separately celebrating new power assets joining their portfolios.
Harmony Energy Income Trust, which invests in UK battery energy storage,...
Quick shot! Britain’s RES to tilt at Spanish windmills
Hertfordshire-based clean energy developers and operators RES Group are entering Spain’s and Portugal’s wind turbine business.
IM FutuRe have inspected and repaired over two thousand...
Onshore wind remains stifled by poor planning rules, 100 activists tell Shapps and Gove
Leading environmentalists and prominent green energy entrepreneurs are confronting ministers Michael Gove and Grant Shapps, pressing them to deliver on freeing up onshore wind...
Guarantees of origin “could raise half capital needed to meet EU 2030 renewables goals”,...
An Oslo-based consultancy believes Europe’s growing market for honesty in proving electricity’s absence of fossil fuels could be worth as much as 57 Billion...
To replace, or not to replace? “What is government’s heat pump policy?”, asks utilities...
A trade body representing utilities firms has accused energy minister Lord Callanan of “chaos” in going against his own department’s policy over heat pumps...