Budget 2020: Carbon capture given £800 million boost as renewables sidestepped
Funding boosts for carbon capture and storage (CCS), electric vehicles (EVs) and nuclear announced, as renewables are once again absent from the UK's Budget.
Regulation
Ofgem’s network access SCR progresses as regulator narrows down policy changes
Ofgem has published an update on the Significant Code Review (SCR), having narrowed down the potential policy changes that will be included.
Innovation 'essential' to meet net zero by 2050, Energy Systems Catapult finds
Government must enable more innovation for net zero, the Energy Systems Catapult (ESC) has concluded.
Green jobs could grow by 85% if given government support, says REA
Green jobs in the UK could surge by 85% over the next decade if supported by the right governmental policy, according to a new report from the Renewable Energy Association (REA).
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T-4 Capacity Market clearing price jumps to £15/kW as new build assets secure over 100MW
Last week’s T-4 Capacity Market clearing price jumped to £15.97/kW/y as over 100MW of storage was awarded contracts.
Budget to be a ‘litmus test’ for government as £33bn a year needed for net zero, IPPR says
Net zero will require £33 billion of extra spending per year until 2050, according to new analysis from thinktank IPPR's Environmental Justice Commission.
Energy giants call for new EU climate law to ensure 2050 climate neutrality
Seven European energy giants have penned a letter calling for climate neutrality across the European Union by 2050.
PODCAST: Coronavirus contingencies, BP's net zero plans and the re-expansion of CfDs
In this month’s episode of the Solar Media Podcast, Liam Stoker and Andy Colthorpe discuss how the clean energy economy is responding to the coronavirus, while Andy reports from PV Expo in Tokyo, which itself felt the effects of the virus outbreak. Cutting edge solar tech, CfDs, BP's net zero plans and what Jeff Bezos is doing for the environment also feature.
Full CfD proposals include prospective changes to technology pots, negative pricing and energy storage
The formal consultation document on changes to the Contracts for Difference scheme includes a potential revision of technology pots, an extension of the negative pricing rule and a relaxation of energy storage metering requirements.