Lack of government strategy putting UK decarbonisation goals at risk, NAO warns March 1, 2023 The government lacks a plan for all electricity to be generated through clean energy sources by 2035, warned the National Audit Office.
Government subsidies for Octopus’ Bulb takeover unlawful, rivals tell court February 28, 2023 The government granted unlawful subsidies to Octopus Energy to take over collapsed energy supplier Bulb - rivals told a major court.
UK risks falling behind in global net zero race if it lowers green ambitions, ex climate minister Skidmore warns February 28, 2023 The UK risks falling behind rival countries in the "international net zero race" if it lowers its climate ambitions.
BP boss defends oil and gas spending and calls for ‘orderly’ green transition amid protests February 28, 2023 BP boss Bernard Looney has called for an "orderly" transition to the renewable energy, defending the company's oil and spending.
Shapps looks to win US support for green energy projects in net zero race February 28, 2023 Grant Shapps is hoping to sustain the UK’s role as a major player in the net zero race, and woo his US counterpart with joint projects.
Getting warmer: Have heat pumps finally cracked the mainstream market? February 27, 2023 A price war for heat pumps was triggered last month, when British Gas owner Centrica unveiled a £3,000 product for households.
Drax: Biomass energy giant which received £6bn from taxpayer reports 84 per cent earnings hike February 23, 2023 Power generation firm Drax is the latest winner from the energy price crisis, with its earnings up 84 per cent in the last 12 months to £731m. Drax, which received £6bn in green energy subsidies from British taxpayers over the last four-decades, was the latest energy giant to announce bumper profits; recent announcements include Shell [...]
UK risks falling behind US and EU in green energy race, warn MPs February 22, 2023 MPs are piling pressure on the government to compete with rival markets for green energy investment, such as the US and EU.
Vodafone’s major solar deal with Centrica to boost UK’s green energy industry February 21, 2023 Telecoms giant Vodafone today announced it has signed a 10-year solar power deal with British Gas owner Centrica, which the firms said will significantly ramp up renewable energy production in the UK. The deal, or power purchase agreement, will see the construction of five solar farms across England. The farms, the firms said, will help [...]
Energy providers demand government incentives to stop UK providers losing out on green projects February 20, 2023 The energy sector is ramping up pressure on the government to bolster the investment climate for green projects.