Penso allies to enter Italian storage market
Utility-scale storage developer Penso Power is venturing for the first time into Italy’s power market.
The company already has operations in Britain and Australia. Now...
Labour ‘to drop £28 billion green spending pledge’
Clean energy leaders & Labour politicians have reacted with dismay tinged with resignation at reports that the party if re-elected later this year will...
Government ‘eases off’ on fines for installers missing heat pump goals; reports
Heat pump manufacturers look to have persuaded D-ESNZ to abandon what looked to become heavy cash penalties if they fail from this spring to...
Standing charges are suppliers’ stealth tax on SMEs, trade body charges
Too many energy retailers are using rocketing standing charges as a ruse to inflate bills for small firms, according to lobbyists at the Federation...
Drax preps US-based BECCS division to speed global carbon removal
Biomass energy leviathan Drax is targeting global leadership in carbon removal, as it sets up an independent unit to drive development of its new-build...
Downing buys 5 Swedish hydro dams
London-quoted investment trust Downing Renewables Infrastructure DORE has paid £6 million to complete the purchase of five hydropower plants in Sweden.
The dams, including one...
Two million “will disconnect from energy” this winter because they can’t afford to top...
New analysis from Citizens Advice has found that more than two million people across the UK will disconnect from their gas and electricity this...
Britain heads Europe’s offshore turbine boom, says trade group
2023 was the best year on record for new marine wind power across Europe, trade body WindEurope reports. A total of 4.2GW of offshore...
Sizewell C meets councils’ demands, opens way to construction
Backers of the Sizewell C nuclear project have initiated its Development Consent Order (DCO), clearing the way for construction to begin at the new...
Enviromena secures £200 million debt, swells 500MW pipeline
Berkshire-based renewable power developer Enviromena has agreed a £200m debt and construction facility with funders Close Brothers to fund its ambitions of building 500MWs...
Ministers seek ‘fourfold’ nuclear leap forward, Britain’s biggest in 70 years
The government today signalled its ambitions to increase nuclear capacity fourfold to 24GW by 2050, a leap billed as Britain’s biggest in 70 years.
Construction...
Disinformation tops Global Risks 2024 as environmental threats intensify
Drawing on nearly two decades of original risks perception data, the World Economic Forum’s Global Risks Report 2024 warns of a global risks landscape in which...
Government pumps £300m into high-tech nuclear fuel, ends Putin’s sector dominance
Britain is set to become the first country in Europe to launch a high-tech HALEU nuclear fuel programme, strengthening supply for new nuclear projects....
Sharma joins Tory rebellion against North Sea oil vote
Former energy secretary Alok Sharma MP, chair of the UN CoP conference in Glasgow in 2021, is among Conservative rebels unable to support tonight’s...
‘Unapologetically ambitious’: Labour will ‘ramp towards’ £28 bn Green Prosperity Plan, says Starmer
Keir Starmer has repeated his party’s intentions to speed up de-carbonising Britain’s power generation by 2030, and to 'build towards' annual £28 billion of...
Deutsche welly: Soaring solar & wind boot German renewables past 50% for first time
Germany’s record 14.4 GW of new solar PV capacity installed in 2023 alone helped surging wind to push renewables’ share above 50% for the...
Planners ‘hold back 4.4GW of clean power’, campaigners allege
Infrastructure pressure group Britain Remade claims up to 4.4GW of clean energy projects are being opposed by as many as 70 local councils, many...
Co-ops & charities share £57m of Ofgem’s tripled take from bad suppliers
Industry regulator Ofgem raised a record £77.2 million from poorly performing energy retailers last year. Communities, including energy co-operatives and volunteers trained in energy...
NG fires up Viking cable to Denmark, world’s longest at 475 miles
National Grid has turned on its £1.7 billion Viking subsea power link to Denmark, claiming the 475 miles of the 1.4GW project makes it...
Vision thing: Government launches aspirations for competitive CCUS
Ministers are sharpening their long-term vision of creating a competitive UK market for carbon capture and storage (CCUS).
In a policy programme dubbed CCUS Vision,...