For the fifth installment of Current± Predicts, Green Energy UK's managing director Doug Steward takes a look back at the year that's been, and adds his two cents about what's to come.
Companies from business, finance, academic and civil society have called on the UK government to commit to stronger and more consistent carbon pricing.
SSE is set to treble its renewable output by 2030 thanks to an attractive pipeline of projects, and is on track to add 1GW of new capacity annually in the second half of the decade.
Trading through interconnectors is set to be included in the upcoming Brexit negotiations between the UK and the European Union, after an energy agreement was included in government plans.
Secretary of state for Business, Energy and Industrial Strategy (BEIS) Andrea Leadsom, spoke to the BEIS Committee on the 15 October, highlighting that the departments “number one priority” is meeting the UK's net zero goal.
Energy companies are lacking any kind of certainty over Brexit and how it will affect the sector, but cannot allow it to have any impact on the “fundamental issue” of climate change and the energy transition, some of Europe’s leading utilities have said.
A no deal Brexit could cause a “significant” increase in electricity prices in Ireland and force some suppliers to exit the market, government documents have revealed.
The government has made the first steps towards designing and implementing its own emissions trading scheme (ETS), paving the way for carbon pricing aligned to that of the European Union to continue post-Brexit.