The numbers don’t lie: The UK’s renewable energy transition is going better than you think December 29, 2023 For the first time ever, renewables met over 40 per cent of total UK electricity demand during Q3 of 2023.
Wind industry facing turbulence in US and Europe as China emerges as low-cost competitor December 22, 2023 Margins in Europe and the US have been squeezed amid low demand, supply chain disruptions and construction delays, but prices in China have fallen dramatically.
The ‘biggest climate law ever’? What CBAM means for the UK December 19, 2023 “The biggest climate law ever in Europe, and some say in the world,” Peter Liese, lead negotiator for the European Parliament said. In reference to the Paris Agreement? Europe’s New Green Deal? Biden’s IRA? Nope – Liese was describing the carbon border adjustment mechanism, known to nerds by the catchy acronym CBAM. This wonkish-sounding legislation [...]
Battery firm Gore Street feels bite of investment cooldown as profits plunge December 14, 2023 The battery energy storage firm has struggled with NAV and profit slumps since March
We need green jobs for our economy, but nobody knows what they are December 6, 2023 Brits know there's an opportunity in green jobs, but they don't know what they actually are or how to get them, writes Praful Nargund.
AFC Energy cracks hydrogen test, eyes Europe, Asia expansion December 4, 2023 UK hydrogen firm AFC Energy may have broken new ground in the race to make accessible hydrogen technology solutions.
Ceres Power share price dives after sneaking out revenue warning December 1, 2023 Shares in Ceres Power plunged by more than 20 per cent this morning after the company sneaked out a revenue warning last night.
What is COP28 and why does it matter? November 29, 2023 The COP28 climate convention is unlikely to be far from the headlines over the next fortnight. City A.M. has broken down everything you need to know ahead of time.
Government ‘mixed messages’ put financial sector green progress at risk, MPs warn November 29, 2023 The financial sector’s progress towards net zero risks stalling due to “mixed messages” from the government on green issues, a group of MPs have warned.
UK faces ‘critical bottleneck’ on skilled jobs ahead of green transition November 28, 2023 The UK faces a “critical bottleneck” on skilled infrastructure jobs ahead of the green transition, an energy firm has warned.