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The UK is falling behind in the “global shift” to electric vehicles (EVs), according to a report by think tank the Green Alliance.
7 years ago
Britain is on the cusp of a subsidy-free renewables “revolution” which could create 18GW of new capacity by 2030 and attract £20 billion of investment, analysts have claimed.
The government has confirmed plans to conduct a formal review of the capacity market “later this year”.
Allowing subsidy-free renewables to bid for capacity contracts would cut energy bills by £600 million between 2025 and 2035, a new report has found.
The boss of Drax Power says he is confident the company will be able to secure capacity market contracts for new gas turbines, despite the record-low price in the latest auction.
Drax Group has seen a rise in earnings despite the loss of £5 million due a fire at its Yorkshire power station which led to the temporary shut-down of two biomass units.
Renewable output rose by 27 per cent over 2017 due to windier weather and new capacity coming online, according to the latest Electric Insights report from Imperial College London.
Scottish Power profits have dipped after its retail arm saw its earnings halved during 2017, partly due to the loss of around 200,000 customers.
EDF Energy profits have plunged due to a drop in energy consumption and lower power prices during 2017.
The European Parliament has passed a package of reforms to the EU Emissions Trading System (ETS) designed to boost the price of allowances and accelerate the pace of decarbonisation.
Coal generation has been routed in the latest capacity market auction, with nearly 2.8GW dropping
The government has passed legislation introducing new emissions limits for mid-sized generators. They include a
The High Court has denied a request by a group of peaking plant developers for
A group of peaking plant developers have sought an injunction to prevent Ofgem enacting a
Just five years ago, coal plants still supplied around half of the UK’s electricity generation. Last April saw the first day when coal made no contribution to the energy mix across a 24-hour period. David Blackman looks at how the government plans to phase out coal by 2025.
SSE has unveiled plans to build a new gas plant on the site of its
Drax will launch a public consultation later this month on revised plans to build a
Last year was on track to be the “greenest year ever” for Britain’s power sector
The government will unveil a package of measures to support the nuclear industry later this
