UK faces ‘cost of doing business’ crisis as energy bills rise fourfold.
The majority of UK companies are set to renegotiate electricity rates in October (as fixed price contracts expire). A consultancy, Cornwall ...
US renewables investors see Senate bill sparking goldrush
Senate democrats have announced the Inflation Reduction Act, a $430bn deal that will provide long-term tax credit commitments to wind and ...
World’s first subsidy-free offshore wind farm starts to produce power.
The 1.5GW (140x11MW turbines) Hollandse Kust Zuid located off the coast of the Netherlands, has begun generating electricity and feeding into ...
EU ETS’ initial decarbonisation effects for shipping in doubt
The EU’s proposed inclusion of the maritime sector is yet to be agreed at trilogue (to be completed in September or ...
Hannover enforces energy consumption reductions.
In response to the Russian gas crisis, the Mayor of Hannover has indicated the city’s goal is to reduce energy consumption ...
Spain to propose to EU a cap on carbon emission permit prices
Spain’s PM, Pedro Sanchez, has said the country is to send a proposal to the EU calling for a limit to ...
How gravity batteries will help us switch to renewable energy
Engineers have been searching for ways to store power generated by wind and solar farms. Gravity batteries might provide the answer. ...
EU renewables PPA prices surge 47%
A report from LevelTen Energy has shown that European P25 solar and wind Power purchase agreement (PPA) prices increased 16% in ...
China to mine 300mT more coal per year
Greenpeace East Asia has reported that China has approved 8.63GW of coal-fired power in the first quarter of this year – ...
UK unveils biggest round of clean energy subsidies
The UK has unveiled its biggest round of clean energy subsidies. Contracts for difference (CfDs) were awarded for onshore, offshore and ...