Low-carbon generation

No time to waste on securing net zero investment

‘Inherent conflict’ between boosting supply chain and lowering wind prices

Weekend press round-up: ‘Soon it will be hard to justify buying a petrol car’

In our latest review of sector coverage across the national newspapers, concerns about an electric car bubble are discussed. There is also an update on progress towards developing nuclear fusion. Meanwhile, Aggreko’s board has accepted a £2.3 billion private equity bid.

PAC: There is still no plan for net zero by 2050

The House of Commons Public Accounts Committee has given a withering assessment of the government’s preparations for decarbonisation, saying there is “no coordinated plan with clear milestones towards achieving the target” of net-zero greenhouse gas emissions by 2050.

Consortium awarded grid link licence for Hornsea One after record investment

Ofgem has awarded a licence for the grid link to offshore windfarm Hornsea One after securing a record £1.2 billion investment. The Mitsubishi Corporation-led consortium Diamond Transmission Partners was selected by Ofgem to own and operate the offshore transmission system linking the windfarm to the British mainland.

Budget offers limited support for net zero

Rishi Sunak has allocated around £100 million of new cash for testbed energy projects in a Budget that has otherwise been branded a “missed opportunity” to take forward the Prime Minister’s green recovery plan.

Triton Knoll offshore windfarm generates first power

Triton Knoll offshore windfarm has begun generating power following the commissioning of the transmission infrastructure for the 857MW array. RWE began installing the 90 turbines that will make up the windfarm in January.

Drax plans to equip two biomass units with CCS

Weekend press round-up: Energy companies set for price battle

In our latest review of sector coverage across the national newspapers, there is continued speculation of appeals to Ofgem’s RIIO2 final determinations by gas and transmission companies. Meanwhile, Abu Dhabi’s sovereign wealth fund is reported to be considering selling its stake in Thames Water. There is also coverage of government plans to force energy retailers to switch customers on to lower tariffs.

‘We can’t afford another wasted decade on energy efficiency’

Drax abandons plans to build 3.6GW of new gas generation

Green Homes Grant: A tale of two opportunities

Eon UK chief executive Michael Lewis outlines his thoughts on the progress of the Green Homes Grant scheme. Lewis believes more funding for the scheme's Local Authority Delivery (LAD) element could help with delivering further demand. Elsewhere Lewis discusses Eon's own response to the scheme, revealing that the company is creating more jobs to manage the thousands of LAD projects it has secured.

Building new gas turbines risks stranding £9bn of assets

Do no harm: Investing for net zero

Is it fair to shift policy costs from electricity to gas?