A plan to use hydrogen to heat homes in a village in North-East England has been canceled after months of opposition. Insufficient hydrogen production in the area will prevent the
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Net zero would shrink Britain’s economy by £60bn and cause the global economy to be $3.6 trillion (£2.8 trillion) smaller, according to the Organisation for Economic Cooperation and Development. Eliminating
Workspace Group, a corporate landlord, has made an agreement with Europe’s largest renewable energy generator to provide solar power for their offices in London. Workspace, a flexible office provider, has
The contract for the 190km superhighway will cost £1.8bn. It is designed to transport renewable energy from Scotland up to the north of England. National Grid and Scottish Power will
The United Arab Emirates purchased a 49% stake in a major British wind farm, even though increasing costs have raised concerns about the industry’s future. Masdar, the company owned by
The government agency responsible for cleaning Sellafield nuclear waste in Cambria was put under “special measures” due to not meeting cyber-security standards. The Office for Nuclear Regulation is investigating Sellafield
Vauxhall’s owner Stellantis has been in discussions with a Chinese manufacturer of batteries to build an European factory for auto cells, despite warnings from its chief executive about the danger
Northvolt claims to have made a breakthrough with a new battery for energy storage. The Swedish start-up company believes that this could reduce the reliance on China in the green transition.
Fuel retailers are required to reveal profit information by next year or risk hefty fines. This is under the new powers granted to the UK Competition Watchdog to combat high
After spiraling costs cast doubt on its viability, the UK’s largest offshore wind developer has been in discussions with Net Zero Secretary Claire Coutinho regarding the fate of their flagship project off
Hedge funds have profited from a series well-timed bets on wind energy stocks. Some are betting that the sector will continue to suffer. Marshall Wace, Qube Research & Technologies and
Ofgem plans to increase green electricity generation near London could transform farmland in southern England into solar farms equivalent to 40,000 football fields. The report suggests that new solar farms
