Investment

Iberdrola, the parent company of ScottishPower, has outlined a £12 billion UK investment plan for 2024 to 2028.

France, India and Australia have overtaken the UK in Ernst & Young’s (EY) latest Renewable Energy Country Attractiveness Index (RECAI).

Road, a provider of an electric vehicle (EV) charging transaction management platform which claims to hold a 20% market share in the Netherlands, has entered the UK and Ireland.

Energy sector trade body Energy UK has published the final part of its report on the Clean Growth Gap, highlighting the action needed to stop the UK falling behind in the race to net zero.

Centrica, the parent company of British Gas, has announced a new investment strategy which will see the company invest £600-800 million a year until 2028 in renewables.

EDF has announced that it plans to spend £4.5 billion in 2023 on the infrastructure required for the net zero transition.

BMW Group has announced that it plans to invest more than £600 million in its Oxford and Swindon MINI factories to develop a “new generation of electric MINIs”.

A new report from Energy UK has indicated that the most ambitious net zero route could boost the UK economy by £240 billion by 2050.

The Department for Energy Security and Net Zero (DESNZ) has confirmed the UK is reviewing its membership of the Energy Charter Treaty (ECT).

Trade association Energy UK has called on the UK Government to introduce measures to compete with the US’ Inflation Reduction Act (IRA).