The quest to supply everything from data server halls, insurance companies to large furniture stores with green electricity has flooded the Nordic region with wind power and crashed a $100 million renewable-certificates market.
Consumers will be hit with higher bills because officials “significantly underestimated” the cost of green energy schemes, the Commons spending watchdog has found.
Saudi Aramco, the world’s largest oil company, is considering as much as $5 billion of investments in renewable energy firms as part of plans to diversify from crude production, according to people with knowledge of the matter.
Campaigners have hailed the “strong ambition” of the Scottish Government’s draft energy plan but warned more work is needed to transform the energy efficiency of homes.
A plan to cut the overspend of Stormont’s botched green energy scheme was the idea of a political party special adviser (SpAd) not a civil servant, an Assembly committee has been told.
The Stormont Assembly has resumed a key debate on a botched green energy scandal that has ultimately forced the looming dissolution of the devolved institutions.
US President Barack Obama has doubled an initial 500 million US dollar (£410 million) commitment to a fund which helps developing nations fight climate change and adapt to its consequences.