“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.
A 1.4GW proposed interconnector, which was set to connect Scotland’s electricity network with Norway, has seen its license application refused by the Norwegian government.
UK law firm TLT and real estate consultancy Gerald Eve have stated that the UK’s net zero prospects are currently at risk due to the ongoing fight over land use.
Smart energy company gridX has partnered with ChargePoint, one of the largest networks of independent EV charging stations in Europe and North America, to boost the deployment of EV charging infrastructure via dynamic load management.
The Welsh Affairs Committee Chair Stephen Crabb has called on the UK government to outline how it intends to reach its target of generating 24GW of nuclear energy by 2050.
The UK Government must set a “realistic budget and more sustainable prices” for renewable electricity in the upcoming Contracts for Difference (CfD) auction to prevent limited private investment in solar and wind generation, RenewableUK said.
French energy giant EDF’s UK branch posted an annual profit of £1.12 billion despite the state-controlled company having recorded annual losses of around £16 billion.
