UK Prime Minister Keir Starmer’s new government is considering increasing subsidies for offshore wind developers in an upcoming auction, part of a bid to remain on track for ambitious clean energy goals.
The UK’s ambitious wind power goals won’t be achieved unless the government takes action this month to raise offshore subsidies, according to energy think tank Ember.
The world is shifting too slowly from fossil fuels to avoid severe climate change, increasing the risks that the eventual transition to clean energy will be “disorderly,” BP Plc warned.
The developers of the 1GW Buchan floating offshore wind farm have proposed bringing the project’s export cable ashore between Rattray Head and the St Fergus gas terminal.
While vertical axis wind turbines may lack the efficiency of their horizontal counterparts, Swedish firm SeaTwirl believes they can offer several benefits for floating projects, including North Sea electrification.
The transition from fossil fuels to renewable energy is fundamental to decarbonising the global economy and mitigating the impacts of climate change. However, this shift also brings a higher risk of disputes across various business activities – disputes that are likely to be many and varied given the magnitude of the infrastructure and technology involved.
The UK will likely need as much as £57 billion ($73 billion) in additional investment by 2030 to develop key industries that the incoming Labour government believes will help the country support green job growth and rely less on carbon.
Ed Miliband says appointment to lead DESNZ feels like "coming home" after previously serving as Secretary of State for Energy and Climate Change between 2008 and 2010.
Grangemouth should be a home for the energy industries of the future, Scottish Labour’s deputy leader has said, after Sir Keir Starmer pledged he would work to safeguard jobs there.
The British Hydropower Association (BHA) has called for more clarity from Labour about the party’s pre-election manifesto – which mentions tidal energy will be “aggressively explored” and “unleashed” across the UK.