During an Energy Security and Net Zero Committee meeting, Jonathan Brearley, CEO of Ofgem, proposed that energy could be charged according to income.
Existing levies and ideas of general tax, zonal pricing or income related bills have all been examined as options to allow investment in infrastructure and aid the transition.
Various outlets are reporting that the Xlinks renewable energy project to import solar and wind power from Morocco via cables has failed to win a £25bn contract needed from the Government.
The Sierra Club Foundation is leaving BlackRock/Aperio as an asset manager and moving funds to Nia Impact Capital and Xponance. This move follows over three years of active engagement with BlackRock by the Sierra Club Foundation, after sending the firm a letter in May 2022 placing it “on watch” for not meeting the expectations of the Foundation as a client.
The Climate Change Committee (CCC) has released its first assessment of the Government’s progress on reducing emissions. The independent, statutory body found that government policies to reduce emissions have improved since last year. With more action, the UK can hit its legally binding climate targets and improve energy security for households and businesses across the UK.
The Government has published its clean energy economy strategy, with a further £700m funding for Great British Energy to invest in clean energy supply chains.
DTEK, Ukraine’s largest private energy company, and Octopus Energy Group have announced Rise – a new initiative to deliver rooftop solar and battery storage systems to Ukrainian businesses and public sector institutions.
The Government has reportedly cut the £1bn Rapid Charging Fund for motorway charging infrastructure.
The Mandarin Oriental, Hyde Park, has gone solar, but not PV.
The World Economic Forum 2025 Energy Transition Index shows the fastest progress since pre-Covid-19, with 65 per cent of countries improving and 28 per cent advancing across all core dimensions of security, sustainability and equity.
The Welsh Government has published its Offshore Wind task and finish group action plan, setting out the priorities are for offshore in partnership with the Crown Estate, industry and social partners.
The UK’s wind industry has grown its supply chain to almost 2,000 companies, and a workforce of over 55,000 people.
The Government's new 10-year Industrial Strategy hopes to reduce energy bills by up to 25 per cent for UK businesses, amid criticism that it will require subsides and a watering down of green levies.
Norway launches the world’s first full-scale value chain for carbon capture and storage (CCS) as the Longship project places its first shipment in storage.
The Government has published its 10 Year Infrastructure Strategy covering energy. Among the tiresome hyperbole of “clean energy superpower” and games of ‘pass the blame’, although thankfully not “working people”, it recommits to the 2030 deadline for clean energy.
The remaining carbon budget to maintain global temperatures below the Paris agreement will be exhausted in a little more than three years at current levels of emissions.
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Spending Review: Winners and losers
Three years left on carbon budget
Spain’s blackout blamed on solar mismanagement
£400m offshore investment from Crown Estate
WEF: Some good news on the transition
World’s largest sand battery operational
New group to promote UK geothermal energy
100,000 more EV chargepoints promised
Government’s 10 year energy strategy published
Clean Energy Industries Sector Plan
Xlinks project in doubt
Income related energy bills
Sierra Club Foundation drops BlackRock
Electric shocks
UK net-zero possible
New offshore plan for Wales
Wind industry has 2,000 companies in supply chain
Powering Ukraine
Green levy sacrificed for industry