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Image: HM Treasury.
March 3, 2021

Budget lacks ‘watershed moment’ for green business despite welcome infrastructure support

​Chancellor Rishi Sunak unveiled the eagerly anticipated Budget this afternoon, including support for a “world-first” infrastructure bank and at least £15 billion in green bonds.
Image: EDF/Pivot Power.
March 3, 2021

T-1 Capacity Market auction clears at record £45/kW/year given tighter generation

​The T-1 Capacity Market (CM) auction has cleared at a record high price of £45/kW/year on day one.
ADE: ‘recent governmental moves risk undermining positive climate action’. Image: Getty Images.
March 2, 2021

Net zero could provide £350bn investment opportunity suggests LCP report

​Net zero could provide a £350 billion investment opportunity for the energy sector, releasing untapped private capital.
Ofgem said that the Drax Pumped Storage has provided its full corporation with the investigation and has “proactively sought to rectify the matter”. Image: Drax.
March 1, 2021

Drax moves forward with BECCS plans in 'landmark moment'

​Drax is to kickstart the planning process to deploy bioenergy with carbon capture and storage (BECCS) at Drax Power Station.
Origin ‘upgrades’ FY2023 energy market outlook due to strong contribution from Octopus Energy. Image: Octopus Energy.
March 1, 2021

Octopus Energy surges past two million customers mark

​Octopus Energy has surged past the two million customers mark, offering the milestone customer a year of free energy to celebrate.
Image: npower.
February 26, 2021

npower shuts app following hack of customers' accounts

​UK energy supplier npower’s app has been hacked, and customers' accounts accessed including partial bank details.
Image: People's Energy.
February 26, 2021

People's Energy calls on Chancellor to provide support for domestic renewables initiatives

​People’s Energy is calling on Chancellor Rishi Sunak to deliver further support for renewable energy programmes in next week’s Budget.
Centrica's profit hit £3.308 billion due to gas and nuclear. Image: Centrica.
February 25, 2021

Centrica sees record profit drop of 31% in 2020

​British Gas owner Centrica saw its adjusted operating profit fall 31% in 2020, a record low according to its preliminary results.
The report outlines that China has a "near monopoly" in certain net zero supply chains. Image: Getty.
February 25, 2021

Cornwall Insight charts REGO demand increase as prices begin recovery

​Renewable Energy Guarantees of Origin (REGOs) have started to recover following the impact of COVID-19, according to Cornwall Insight.
Image: Iberdrola.
February 25, 2021

Iberdrola lauds record investment as net profit continues growth

​Iberdrola has reported continued growth of its net profit to €3.61 billion in a year that saw over 90% of its investments injected into renewables and networks.

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