The International Energy Agency (IEA) has published analysis showing that the global market for clean energy technologies is set to rise from $700 billion in 2023 to more than $2 trillion by 2035 (£540 billion up to £1.5 trillion).
Data from UK consultancy Cornwall Insight shows that profits for battery storage units will rebound by 2026 after “an extended period of underperformance”.
The Climate Change Committee (CCC) has recommended that the UK’s Nationally Determined Contribution (NDC) commits to reduce greenhouse gas emissions by 81% from 1990 to 2025.
This week has seen some major policy revelations ahead of the autumn budget announcement on 30 October, as well as novel EV technologies revealed and wind development milestones for EDF.
UK energy regulator Ofgem has published its annual report on the Smart Export Guarantee scheme, showing more tariffs were available between 2023 and 2024 than the previous year.
A project trialling lower cost technology for vehicle to grid (V2G) charging technology is now underway, supported by funding from the Department for Energy Security and Net Zero (DESNZ).
After the solar sector denounced a rumoured weakening of the Future Homes Standard, the Ministry for Housing, Communities and Local Government has called the claims inaccurate.
