The UK government must issue firmer, more ambitious decarbonisation policies as a “matter of urgency” if it is to meet its fourth and fifth carbon budgets.
The Public Accounts Committee (PAC) has this morning slammed the government over its handling of the Hinkley Point C contract, identifying a catalogue of errors that it said could see consumers footing the bill.
EDF Energy Renewables has sold its majority stake in five onshore wind farms to pursue other renewable projects in the UK.
The government has confirmed a further £557 million for renewables auctions ahead of tomorrow’s Clean Growth Strategy launch.
German clean energy firm innogy has bought Statkraft out of the 860MW Triton Knoll offshore wind farm just weeks after it landed Contracts for Difference support.
Offshore wind has defied all expectations within the government’s Contracts for Difference (CfD) auction, delivering 3.2GW of capacity at prices as low as £57.50/MWh.
Ofgem has this morning announced that a joint venture comprising Mitsubishi and HICL Infrastructure has been selected to own and operate the Burbo Bank Extension transmission link.