Renewables boss: People don’t realise ‘control’ China has over UK’s net zero push September 19, 2023 The UK is a decade away from cutting its dependence on China to meet its renewables ambitions, warned the boss of a leading clean energy firm.
Downing Renewables weighs up more share buybacks as market cap plummets September 18, 2023 DORE has suffered a sharp drop in the overall value of its assets this year, reflecting increasingly challenging economic conditions.
‘The economics did not stand up’: Renewable auction fails to deliver any new offshore wind projects September 8, 2023 No new offshore wind farms have been commissioned in a key auction, dealing a blow to the Government’s hopes of decarbonising the UK’s electricity production. In the annual auction which lets companies bid to supply the grid with electricity, many onshore wind projects and solar farms bid to get a contract. However, no offshore wind [...]
Offshore wind auction expected to be major letdown for government’s green agenda September 7, 2023 The latest auction round for offshore wind is expected to be disappointing for the energy sector, with close to zero bids.
Zenobe secures £850m investment for its electric dreams September 7, 2023 Clean energy specialist Zenobe has secured over £850m investment, as it looks to expand its electric feet and infrastructure businesses.
UK risks losing £100bn of energy projects unless it cuts high taxes and red tape September 7, 2023 The UK risks missing out on as much as £100bn of investment in domestic offshore energy projects, an industry body has warned.
Sunak poised to ease onshore wind ban after Tory backbench rebellion September 5, 2023 The government is expected to ease restrictions on onshore wind farms after a Tory backbencher rebellion over renewable projects.
Rising star Claire Coutinho faces gruelling start in energy secretary role September 5, 2023 Claire Coutinho has taken over energy policy from Grant Shapps, and faces a highly challenging start to her new role.
Ofgem clamps down on generators gaming the system after £3bn hit to households September 1, 2023 Electricity generators will no longer be able to artificially inflate energy prices and drive up households bills.
Claire Coutinho replaces Grant Shapps as energy secretary August 31, 2023 Claire Coutinho has been appointed energy secretary in a promotion to a top cabinet role, amid a mini-reshuffle of the Prime Minister’s core team. It follows Grant Shapps moving over to the Ministry of Defence (MoD) after defence secretary Ben Wallace resigned from cabinet ahead of stepping down as an MP at the next general [...]