Households pay after Highland wind farms earn £68 million for nothing
New figures also reveal more than £275m was paid to keep Scottish turbines still during 2023.
Energy Transition
Major parties in ‘rush to the bottom’ on UK energy policy, says Kistos’ Andrew Austin
“Each time we think we have certainty, someone moves the goalposts and that's not helpful.”
Pathfinder: Inch Cape wind developers seek expert advice
Developers of the Inch Cape wind farm off the Angus coast are looking for experts to support a range of key planning and procedures.
Equinor, Orsted claim victory in New York wind auction
New York state has provisionally awarded contracts to 1.7GW of new wind capacity developed Orsted and Equinor as part of its fourth auction.
Masdar completes deal, marking UK’s importance to grand target
Masdar has a target of reaching 100 GW of power by 2030. To achieve that, the company is seeking a range of opportunities, with the UK hitting the right mix.
Drax to explore Viking carbon transport options with Harbour, BP
Drax is to explore a tie-up with the developers of the Viking carbon capture and storage (CCS) project which could see an additional route for sequestering biomass emissions.
Drax rises on earnings beat, while biomass decision in limbo
UK electricity generator Drax Group rose sharply after earnings beat analyst expectations, although questions remain around the outcome of a government consultation on continued biomass subsidies.
Energean starts up Karish North, signs new gas deal
Energean has begun producing gas at Karish North, the company said, while also celebrating the signing of an additional gas sale and purchase agreement.
China burned more fossil fuels in 2023 despite green push
China burned record amounts of coal, oil and natural gas last year after ending Covid-era restrictions, even as the country accelerated its energy transition push.
The power of FLOW to make Aberdeen an offshore wind powerhouse
The appetite for FLOW is clearly there – and Aberdeen is well-positioned to play a central role in the offshore wind revolution, writes ORE Catapult.
UK subsidies for fossil-fuel power plants swell to record
The UK will continue to subsidize fossil-fuelled power plants into the second half of this decade with operators paid a record fee to stay open.
Aberdeen’s Three60 Energy secures multi-million pound deal on Sumitomo Highlands cable factory
Aberdeen-headquartered Three60 Energy has announced a multi-million pound deal with Sumitomo for work on a planned high voltage cable factory near Inverness.
Why politicians are stoking a climate backlash that threatens green goals
Politicians are vowing to roll back green policies and downplaying climate change ahead of key elections on both sides of the Atlantic, casting doubt on whether countries can maintain momentum in the transition away from fossil fuels.
Climate measures risk sparking social unrest, German agency warns
The European Union is at risk of widespread backlash against its climate agenda unless politicians do more to blunt the effects of rising carbon prices on low-income households, according to the head of Germany’s Environment Agency.
Heat pumps powered by community wind turbines could cut bills – report
Community energy schemes using onshore wind to power heat pumps could cut household bills by more than a quarter compared to gas, a report suggests.
Geoscience skills ‘collapse’ threatens UK net zero ambitions
"Simplistic narratives" from politicians and university academics have tarnished vital sector, experts warn.
CCC issues ‘unequivocal’ advice not to carry carbon budget surplus
The UK’s independent climate change advisors have given “unequivocal advice” that surplus emissions should not be carried forward into the Fourth Carbon Budget.
A French CEO’s pitch for more wind turbines: They’re ‘poetic’
Do you think wind turbines 'nice and poetic'? Engie SA chief executive officer Catherine MacGregor says they are.
Orsted seeks new equilibrium, outgoing COO Brown states
The offshore wind industry had been lulled into a false sense of security through cheap money and a deflationary services market, Orsted’s outgoing interim COO Andy Brown said today.
EnQuest and Aberdeen BP schemes win share of UK government’s £21m hydrogen pot
Low carbon hydrogen projects from North Sea operators EnQuest and BP are among seven UK projects set to share in £21 million of government support.
Former PM Brown backs plans for ‘North Sea 2’ supergrid
Gordon Brown says that the development of an interconnected ‘supergrid’ linking North Sea nations and powering wind, hydrogen and oil and gas is “an idea whose time has now come”.
Miliband calls out government failures, pledges just transition
The government is guilty of “sluggish decision making”, Ed Miliband, shadow Secretary of State for Energy Security and Net Zero, said this morning, setting out some plans for a change of pace under a potential Labour administration.
Lhyfe unveils plans for first UK green hydrogen plant
Green hydrogen firm Lhyfe (EURONEXT:LHYFE) has announced plans for its first UK production facility in the North East of England,
Germany to allow carbon storage to pave way for lower emissions
Germany will allow heavy industries who don’t have other ways of cutting emissions to transport and store carbon underground, a reversal of the government’s original stance as it bolsters efforts to reach climate neutrality.
Net Zero economy grew 9% in 2023 to be worth £74bn, report says
The “net zero economy” - from renewables and electric cars to green finance - grew 9% in 2023 to contribute £74 billion to the UK, a report has shown.