The cost of action to tackle climate change and improve energy efficiency has been offset by reductions in household energy bills since the Climate Change Act was passed, according to new analysis by the Committee on Climate Change (CCC).
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The electricity supply market is working more efficiently, with demand-side balancing proving cheap and effective, and unjustified fears over supply/demand margins have led to customers’ money being spent unnecessarily.
The burgeoning offshore floating wind sector is making waves.
Greencoat Capital has acquired a further 73.5MWp PV capacity for its Greencoat Solar investment fund. The acquisition comprises seven individual solar parks and includes Scottow Moor, one of the largest installations on the British Isles.
A £10.8 million project on the Isles of Scilly is to test the role of electric vehicles and home batteries in a low-carbon smart grid.
The government has announced a £23 million fund to accelerate the take-up of hydrogen vehicles, including hydrogen fuel cell electric vehicles.
A contract for difference (CfD) for the 450MW Neart na Gaoithe (NnG) offshore windfarm remains in place, owner Mainstream Renewable Power has said.
The Business, Energy and Industrial Strategy (BEIS) Committee is to look at the role of electric vehicles in the transition to a low-carbon economy as part of the government’s recently published industrial strategy.
Work could start next year on a £160 million pumped-storage power project at a site in the Snowdonia National Park.
Infrastructure investment manager Ancala Partners has raised £51 million of debt facilities for Green Highland Hydro, the asset-ownership vehicle for hydroelectric power assets developed by Green Highland Renewables.