“A lot of regulatory and political uncertainty within the UK over the last 12 to 18 months has led to increased international competition for renewables,” said Adam Berman, deputy director of policy at Energy UK.
Hydrogen is not a “panacea for reaching net zero” with significant infrastructure challenges limiting its use, according to a new report from the Commons Science and Technology Committee.
Ofgem has moved to protect consumers from the cost of supplier failures, with the potential introduction of capital adequacy requirements and renewable obligation (RO) receipts.
Ofgem has proved “incompetent as the regulatory authority” according to a new report from the Department of Business, Energy and Industrial Strategy (BEIS) select committee.
The size and scale of the current energy crisis and the knock on impact on consumer bills is now “beyond what this industry can deal with”, according to ScottishPower’s CEO Keith Anderson.
The chairs of the BEIS select committee and the Environmental Audit Committee – Darren Jones and Philip Dunne – have written to Chancellor Rishi Sunak to stress the need for a green economic recovery.