Sunak climbdown a ‘reality check’ for UK’s net zero ambitions, says energy boss September 21, 2023 Rishi Sunak's rowback of green pledges was a "reality check" for net zero, the chief regulator of gas distribution company Cadent said.
Octopus Renewables Infrastructure Trust weighs up asset sales amid turmoil September 21, 2023 Octopus Renewables Infrastructure Trust is considering offloading a number of assets to generate cash amid challenging conditions.
Sunak’s green tweaks were mild – but his inconsistent net zero approach risks permanently alienating business September 21, 2023 Sunak's pledged row back of green pledges are less radical than expected - but rhetoric and consistency matter just as much as sound policy.
Eon UK boss slams Sunak U-turn on green pledges as a ‘mis-step on many levels’ for UK investment September 20, 2023 A leading energy boss has warned the government against undermining business confidence in the UK by rowing back green pledges.
‘Not a great look for UK PLC’: Sunak watering down green pledges ‘undermines’ UK investment September 20, 2023 Rishi Sunak's watering down on green pledges on boilers and motor vehicles risks UK investor confidence, warned industry bosses.
Good Energy boss slams price cap as a ‘terrible public policy failure’ September 19, 2023 The price cap has been a "terrible public policy failure" which has driven up bills for customers, argued Good Energy Nigel Pocklington.
Renewables boss: People don’t realise ‘control’ China has over UK’s net zero push September 19, 2023 The UK is a decade away from cutting its dependence on China to meet its renewables ambitions, warned the boss of a leading clean energy firm.
Downing Renewables weighs up more share buybacks as market cap plummets September 18, 2023 DORE has suffered a sharp drop in the overall value of its assets this year, reflecting increasingly challenging economic conditions.
‘The economics did not stand up’: Renewable auction fails to deliver any new offshore wind projects September 8, 2023 No new offshore wind farms have been commissioned in a key auction, dealing a blow to the Government’s hopes of decarbonising the UK’s electricity production. In the annual auction which lets companies bid to supply the grid with electricity, many onshore wind projects and solar farms bid to get a contract. However, no offshore wind [...]
Offshore wind auction expected to be major letdown for government’s green agenda September 7, 2023 The latest auction round for offshore wind is expected to be disappointing for the energy sector, with close to zero bids.