UK risks ‘mothballing multi-billion pound projects’ by persisting with windfall tax on electricity generators – green energy boss February 9, 2023 The UK risks losing out to US and EU if it persists with the windfall tax on electricity generators, says a green energy boss.
Britishvolt: Rescue deal doesn’t mean UK will achieve EV goals, analysts say February 7, 2023 The UK’s future in electric vehicles is uncertain, warned experts, despite the impending rescue takeover of collapsed start-up Britishvolt.
Green energy: Subsidies need planning reform to stop firms being lured by US billions – Wartsila boss February 6, 2023 Subsidies for green energy will only lead to a ramp up of renewables if they are matched with planning reforms, warned Wartsila.
Only two new onshore wind turbines were built in England last year, reigniting calls for planning reform February 6, 2023 Just two onshore wind turbines were installed in England last year, as the industry awaits pledged planning reforms for new projects.
UK spent £60bn on gas to stave off winter energy crunch February 5, 2023 The UK spent £60bn importing gas in just four months to stave off a winter energy crunch, according to analysis from Highview Power.
London hydrogen fund looks Stateside as UK falls behind on green subsidies January 26, 2023 A London-listed green hydrogen investor will pivot towards opportunities in the US to make the most of new subsidies.
Technology costs and inflation could drive up price of wind power January 22, 2023 The price of wind power could rise in the coming years, warns Cornwall Insight, as technology comes more expensive
SSE hikes profit expectations powered by oil and gas prices January 20, 2023 SSE has raised its profits forecasts from 120p to 150p per share for the full-year, following soaring oil and gas prices.
UK and EU at risk of losing green energy projects to US unless investment matched, renewable firms warn January 18, 2023 The UK and European Union are at risk of losing green energy projects to the US - if they fail to match its new investment environment.
National Grid pays wind farm operators £82m to turn off fans amid calls to ramp up battery plans January 17, 2023 National Grid forked out £82m to operators of wind farms last month to constrain supplies and reduce output amid blustery conditions.