Tidal

Editor's picks

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”.
News
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 Tidal

The UK could secure two thirds of its electricity needs from renewable energy sources by 2030 at no extra cost to meeting half of total demand. This is according to the National Infrastructure Commission (NIC), which cites the plunging cost of solar and wind power in recent years as a spur to go “further, faster without hitting consumers in the pocket”.
News
The UK needs three new nuclear plants the size of Hinkley Point C in order to generate enough low-carbon power to meet its climate change targets, a leading union has warned. As part of its ten-point plan for a green recovery in the energy sector, Prospect has called for the construction of 10GW of new nuclear capacity by 2030.
News
The Association for Renewable Energy and Clean Technology (REA) has petitioned the government to make an extra £2 billion of annual subsidies available through future Contracts for Difference (CfD) auctions, primarily to help develop emerging renewable technologies such as wave and tidal power. Utility Week speaks to Frank Gordon, the REA's head of policy.
News
This major report, available exclusively to Utility Week members, presents an in-depth look at the talking points, challenges and to-do lists for boardrooms across the energy and water sectors. We will be examining what’s in the regulators and government’s in-trays, mapping out the crunch points for the net-zero agenda and pinpointing our influencers for 2020. This report is exclusively available to Utility Week members. To find out how to get a copy, please contact JoNikiforov@fav-house.com .
Analysis
Growth in low-carbon electricity generation stalled in 2019 despite almost a fourfold year-on-year increase in coal-free days. The figures have sparked calls for the government to go beyond its commitment to offshore wind and support other forms of renewables.
News
Renewables’ share of electricity generation increased to a record 38.9 per cent in the third quarter of 2019. This was largely driven by the one third growth in wind generation year-on-year, while the statistics also show that offshore wind exceeded onshore wind generation for the first time.
News
In the latest of Utility Week’s profiles of the contenders to form the next government, David Blackman examines the Conservatives’ plans for the next five years. He talks to experts including Tim Yeo and Aurora Energy’s Richard Howard about the details behind the key Tory targets and what they would mean for the sector.
Analysis
The Scottish National Party has called for the creation of a free national energy switching service that would show all tariffs on the market with as part its general election manifesto. The party is also pushing for new legislation requiring suppliers to send out energy bills on a quarterly basis.
News
Plaid Cymru has called on the UK government to allocate an additional one per cent of GDP to invest in green infrastructure over the next decade and to establish an energy agency for Wales. The Brexit Party has also set out its stall on green issues.
News
The plans to be announced by the Liberal Democrats shadow chancellor Sir Ed Davey include a new £10 billion Renewable Power Fund, which would be designed to leverage in a further £100 billion or more of extra private climate investment.
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