Norwegian energy giant Statkraft has made a major play for the UK and Ireland wind sector by acquiring the development business of Element Power Group.
New records for renewables generation were set in the UK throughout the second quarter of the year, with coal power also falling to historic lows.
Norwegian state-owned power firm Statkraft has outlined plans to invest nearly £1 billion a year over the next six years in a bid to deploy multiple gigawatts of renewable power.
Blowing wind conditions have sent Great Britain’s grid carbon intensity to stunning lows this week, with some regions of the country recording carbon intensities as low as 12g CO2/kWh.
The carbon intensity of the UK’s power grid fell below the targets set for 2030 over the bank holiday weekend, as high levels of wind generation led the way for low carbon sources to meet significant levels of overnight demand.
The British public is in favour of a significantly decarbonised, decentralised energy system and wants the government to support the transition to such a system, a new survey has found.
The Department for Business, Energy and Industrial Strategy (BEIS) has begun the process of potentially opening the door for renewables to compete in the Capacity Market.
The UK’s renewables lobby has scrutinised the government’s decision to directly invest billions of pounds in Hitachi’s proposed nuclear project, suggesting renewables to be a far cheaper and quicker way of decarbonising the country’s power.
Solar stands to be a “new backbone” of the power sector as it cements its status as the world’s “dominant new build generation technology”, Vattenfall’s head of solar and battery storage has said.