Renewables furnished a bigger share of UK electricity generation than fossil fuels for the first full year ever in 2020, according to new government statistics. Utility Week delves into the details.
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Octopus Energy Group has added £3.4 billion worth of renewable energy projects to its portfolio with the acquisition of sister company Octopus Renewables. From June the large retailer will manage Octopus Renewables’ European portfolio of more than 300 green assets under new business arm Octopus Energy Generation. Chris Hulatt, co-founder of Octopus Group, the parent company of both businesses, said he hoped the move would unlock a “multitude of new investment opportunities”.
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Crown Estate Scotland has raised the maximum option fees for its ScotWind offshore wind leasing round by ten-fold to £100,000/km². The decision follows a review of the arrangements that was launched after the winners in the Crown Estate’s fourth offshore wind leasing round for England and Wales agreed to pay option fees initially worth £879 million per year for almost 8GW of capacity its first competitive bidding process.
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Latest in Carbon capture and storage
From biggest polluter to biggest green generator, Dorothy Thompson has transformed Drax from coal monolith to biomass pin-up. By Megan Darby
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High profile expert Dieter Helm has called on the government to cut the subsidy that renewable generation technologies receive to fund further research and development.
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Low-carbon technologies could save consumers up to £100 billion compared to investing in gas-fired generation, the Committee on Climate Change (CCC) has told the government.
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Carbon capture and storage projects need sound funding mechanisms and
collaboration on networks to develop and de-risk the industry, a cost
reduction taskforce has concluded.
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The Department of Energy and Climate Change (Decc) should consult with the energy sector more on the design of Electricity Market Reform (EMR).
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The Department of Energy and Climate Change (Decc) will back four UK carbon capture and storage (CCS) projects for EU funding.
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The two preferred bidders in the government's £1 billion carbon capture and storage (CCS) commercialisation programme competition have been named.
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Carbon capture and storage (CCS) should get the same kind of subsidies as renewable power generation as soon as possible, according to an industry expert.
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Late, expensive, disruptive - mega projects don't have a great reputation. Done right, however, they can increase supply security, lower costs and revamp business processes, says Tim Waterfield
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CCS needs to get off the drawing board and into action. Tore Amundsen explains the role a leading test centre in Norway is playing
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