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UK low-carbon investment set to be blown off course

UK low-carbon investment set to be blown off course

With economic and political headwinds threatening the UK’s transition to net zero, Energy UK fears that the country is set to lose out on £62 billion of low carbon investment over the next decade. Yet the trade body believes it is not too late for the government to act. Writing for Utility Week, policy experts Adam Berman and Mark Williams outline a series of measures they believe the UK will need to make the market sufficiently attractive for investors.  

2 years ago

Hinkley C’s £6bn cost hike tests UK’s nuclear resolve

2 years ago

UK faces £62bn green investment shortfall

2 years ago

Weekend press round-up: Japanese owners put SES Water up for sale

The Japanese owners of SES Water are reportedly putting the business up for sale due to their reluctance to inject fresh equity into the highly-geared company. Meanwhile, Grant Shapps, head of the newly-formed Department for Energy Security and Net Zero, discusses his plans to make British energy the cheapest in Europe. This and more in Utility Week’s latest round-up of the weekend’s papers.  

2 years ago

Open data: The great enabler in UK utilities

2 years ago

ESO saves £80m with early start to constraint management scheme

2 years ago

Strong nuclear output sees EDF post £1 billion UK profit

2 years ago

Solar target would swallow less land than UK’s airports

Meeting the government’s target for a fivefold increase in solar generation by 2035 would require less new land than that currently covered by the UK’s airports, according to backers of solar power. Solar Energy UK has presented figures MPs in a bid to counter concerns that valuable agricultural land will be swallowed up in order to meet increased solar generation.

2 years ago

UK green economic growth ‘unspectacular’ despite 30% boost

2 years ago

How smart are Britain’s energy tariffs?

2 years ago

Capacity Market secures record year-ahead power

2 years ago

UK offshore wind pipeline just shy of 100GW

2 years ago

On the Move: National Grid, Northumbrian, Scottish Power

2 years ago

New generation licence condition to stop ‘excessive’ balancing profits

2 years ago

Weekend press: Ofgem boss should resign over prepayment meter scandal

In our latest roundup of national press stories from the weekend, Gordon Brown calls for Jonathan Brearley's resignation over the prepayment meter scandal; John Armitt warns that renewables are insufficient to rely on for energy security; Jeremy Hunt rules out ongoing energy bills support; and Therese Coffey U-turns on £250 million pollution fines

2 years ago

NIC to review National Policy Statements for Treasury

2 years ago

Project from 2000 still waiting for grid connection

2 years ago

Miliband defends Labour move to drop energy nationalisation

2 years ago

SVT acquires anaerobic digestor business

2 years ago

‘New era’ for wind as solution found to recycling blades

2 years ago

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