Low-carbon generation

Ovo targets 40% of supply from PPAs by year end

Ovo Energy has entered into a power purchase agreement (PPA) with Orsted in a bid to further strengthen its renewable energy credentials. Ovo, which already provided 100 per cent REGO-backed renewable electricity, said it expected the deal to mean 13 per cent of its electricity will be generated via a PPA.

SSE and Equinor announce ‘world first’ blue hydrogen power plant

Taking the heat out of the debate

Mayoral candidates set out rival decarbonisation visions

With mayoral elections due next month, candidates have been vying to present the most ambitious net zero plans. David Blackman looks at what has been promised to votes in London and the West Midlands.

Power grid sees ‘greenest ever’ moment

CfDs ‘indispensable’ for net zero

Weekend press round-up: How green are ‘green’ energy tariffs?

In our latest review of sector coverage across the national newspapers, there is further debate about the concept of greenwashing. Meanwhile, the public has been warned that radiators will have to run 10 degrees cooler under changes to homes needed for Britain to hit net zero.

Taking customers with us on the journey to net zero

New RO mutualisation arrangements come into force

New arrangements to link the renewables obligation (RO) mutualisation threshold to the annual cost of the scheme have come into effect. Mutualisation has long been a source of contention in the energy sector, with compliant suppliers obliged to pick up the shortfall when others do not pay. BEIS is also considering whether changes need to be made to the way the mutualisation amount is calculated.

Benefits of supporting tidal power ‘outweigh costs’

The government has significantly undersold the UK’s potential in the tidal power sector in its energy white paper, a House of Commons committee has told Kwasi Kwarteng.

Electricity market needs reform to stop ‘drift to central planning’

CMA rejects SSE appeal

New energy models could unlock extra £21bn a year by 2050

A new report exploring what net zero could mean for the energy sector has identified five core business models to harness £21 billion it believes is set to be unlocked annually by 2050. The Utility 2050 project, a partnership of energy professionals, financiers and academics, concludes there needs to be a “deeper rethink” of the business models that make up the energy market and the regulation which supports them.

Deben: We aren’t delivering on climate change

The chair of the Climate Change Committee has branded the delivery of efforts by the government to decarbonise the economy as “crap” and called for the establishment of a “powerful” body to oversee them.

Green economy goes into slump