Leadership of the Department for Business, Energy and Industrial Strategy (BEIS) has changed hands, with Alok Sharma appointed energy secretary following a cabinet reshuffle yesterday (13 February).
Clean energy supplier Good Energy has signalled its intention to lead from the front of the energy transition, outlining a series of investments in new tech capabilities and a trio of appointments to its executive team.
Industry trade body Energy UK has said renewables should be fast-tracked into the Capacity Market and new, ‘revenue stabilisation’ Contracts for Difference auctions put into place as part of the Electricity Market Reform’s (EMR) five-year review.
Disruption caused by cyber attacks and the rise of greater decentralised generation pose of the greatest risks to traditional utilities, analysis by consultancy firm EY has concluded.
The UK government has established a new green finance taskforce in an effort to take full advantage of the “multi-billion pound” investment opportunity created by the low carbon economy.
Any failure on the UK’s part to continue to co-operate with the European Union on energy and climate change post-Brexit would threaten to unnecessarily complicate the country’s carbon reduction plans.
Labour has placed climate action at the heart of its plans for industrial strategy after including it as one of the key priorities within a public consultation published yesterday.
