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,...
Reliance on China for battery metals ‘leaves UK vulnerable’, MPs declare
Britain’s supply chains importing key minerals including for batteries and low carbon energy render the UK exposed to blackmail and pressure by autocracies, particularly...
Government finds £1.5 billion more for heat pumps, breaks down £6 billion of efficiency...
Ministers today added £1.5 billion to the Boiler Upgrade Scheme (BUS), promoting electric pumps as gas' low carbon replacements for warmth.
In helping homes replace...
Octopus boosts global expansion as shareholders come clean with £625 million
Existing backers of privately held Octopus Energy, now ranked as Britain’s biggest supplier of home energy, have today pledged £625 million - $800 million...
Green hydrogen scoops £2bn for industry projects, as pilot falters to convert homes
Energy ministry D-ESNZ has committed to back 11 projects making industrial use of green hydrogen with £2 billion over 15 years.
In return for state...
Operators pledge 139 GW more next year to speed up grid decarbonisation
Britain's energy network operators have detailed their commitments to speed up generation and storage connections, pledging to deliver all of them during 2024.
Grid companies...
Ofgem probes energy brokers’ fees & suppliers’ complaints handling
Britain’s power regulator has launched a six-week consultation seeking business users’ views on services delivered by third-party energy brokers, including fees charged.
Also under scrutiny...
Longer-term bills help needed for businesses, say brokers
New research from nPower Business Solutions finds that nearly three quarters of brokers reckon the government’s Energy Bills Discount Scheme (EBDS) isn’t doing enough...
Crown Estate preps floating turbines to power 4 million homes
Leasing details set to place Britain at the forefront of the world’s floating offshore power industry were set out today by the seabed’s oversight...
UK energy may need £900 Bn to reach Net Zero; NatWest & Boston Group
More than £900 billion in new spending may be required to get Britain’s power supply networks to Net Zero by mid-century, a leading renewables...