Orsted halts dividends as spiralling losses cast ominous shadow over major projects February 7, 2024 The challenging times are set to continue for Danish renewable giant Orsted.
Labour considers watering down plans for a private equity tax raid February 4, 2024 Labour could be preparing to water down plans for a private equity tax raid over fears it could put off potential investors.
What are ‘green skills’ and does the UK need to ramp them up? January 20, 2024 The UK needs to ramp up its green skills training or risk falling behind in the green transition, according to fresh research, but there is also caution over so-called ‘green skills washing’. The rallying call was made following new research from Economist Impact and electricity company Iberdrola, which finds that a large proportion of the UK workforce is [...]
Oil from new licences ‘would make little difference’ to UK energy security January 8, 2024 Oil from new licences granted to North Sea producers and sent to UK refineries would account for less than one per cent of the fuels used here in 2030, analysis has found.
Trump in the White House won’t stop the green investment tide January 8, 2024 Biden's Inflation Reduction Act has unleashed a wave of green investment that even Trump won't be able to reverse, writes Ted Christie-Miller.
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.