This week wholesale energy prices hit a record high, going over £100 per megawatt hour of energy. If you’re a UK business, energy market volatility has serious consequences for your bottom line. Most high-volume corporate energy users without a robust energy strategy are now facing a 30% increase in energy costs.
News from our renewable energy team, covering topics from CPPA developments through to the changes in policies, funding and growth of the renewable energy market.
The UK government’s COP26 to-do list is large, and the reality of the UK’s progress on emissions cuts is lagging behind the ambition. As we prepare to host this crucial climate conference, what should we doing to prove that our goals are realistic?
This year marks the 30th year of wind energy generation in the UK. From 10 turbines in Cornwall, a site now owned by Good Energy, to the recent install of Ørsted’s 1000th, located in the North Sea.
Renewable electricity grew at its fastest rate last year with solar and wind power set to become the new normal going forward, according to a new report by the International Energy Agency.
In ten years’ time, according to the PM, every kettle, washing machine and car will “get their juice cleanly and without guilt from the breezes that blow around these islands”. But what is he actually promising?