National Grid has hit out at Ofgem’s proposals on grid works required for Hinkley Point C, warning they could harm investment in UK energy infrastructure.
Today the Committee on Climate Change has delivered its verdict on the government’s Clean Growth Strategy, ultimately calling for more urgent action or risk failing to meet its statutory climate targets.
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.
The UK experienced the greenest summer ever according to National Grid, which has released figures showing that over half of the electricity generated over the period was from low carbon sources.
Delays to the UK's transition to a cleaner power sector and the deployment of new renewable capacity could cost consumers as much as £2.6 billion, a new report has claimed.
French energy major EDF has pointed towards a future more renewable after collapsing nuclear power prices in the UK sent its earnings down by one-fifth.
The National Audit Office has rounded on the government’s decision to pursue the £18 billion+ Hinkley Point C project, describing it as “high cost and risky”.