Finance Source:

UK government rejects plan for Aquind power cable link between France and England

Aquind claimed project would support UK climate goals, but project faced concerns over environmental impact and developer's donations to Conservative Party Plans for a 2GW electricity cable linking France and England have been rejected by the UK government, on the grounds that the developer behind the project... go to Article >

Queen's Speech: At a glance guide to the government's green legislation plans

16 Days ago Finance Source:

Planned legislation covering energy, transport, and a clamp down on environmental protests was unveiled in today's Queen Speech With the government facing a crescendo of interlocking crises - the war in Ukraine, soaring... read more

One year on: How UK Export Finance is ending support for fossil fuels projects overseas

27 Days ago Finance Source:

UK Minister for Exports Mike Freer explains how the UK's export credit agency has been working to meet its commitment to end financial support for fossil fuel projects abroad Just over a year ago, the UK ended financial... read more

7 Ways The Government Could Actually Help With The Cost Of Living Crisis

15 Days ago News Source:

Rishi Sunak and Boris Johnson could do more to help the cost of living crisis, according to expertsThe government did not lay out any feasible plan to address the cost of living crisis in the Queen’s Speech on Tuesday – even though, according to... read more

Octopus Energy backs Morocco-UK solar link project

14 Days ago Finance Source:

Deal with developer Xlinks could see clean electricity from North Africa power up to seven million UK heat pumps Octopus Energy Group has become the latest backer of the ambitious Xlinks project to build an interconnector... read more

From fracking to floating turbines: Government weighs proposals for revamped energy security plan

78 Days ago Finance Source:

With the briefing battle in full swing, Ministers are considering a raft of competing proposals for curbing UK fossil fuel imports Prime Minister Boris Johnson and Labour Leader Keir Starmer clashed over the UK's energy... read more

ScottishPower secures planning approval for two giant offshore wind projects

55 Days ago Finance Source:

Green light for projects boasting a combined 1.5GW of capacity clears way for development of offshore wind mega-hub Two large wind farms planned off the coast of East Anglia have been granted development consent by the... read more

Macquarie consortium to buy controlling stake in Britain's gas network from National Grid

59 Days ago Finance Source:

Investors eye major role for hydrogen in decarbonising UK's gas and energy system after deal valuing business at £9.6bn An investor consortium led by Macquarie is eyeing an expansion of hydrogen's role in Britain's gas grid... read more

PM defends green levy on energy bills as he hits back at 'prejudice' against green agenda

34 Days ago Finance Source:

Boris Johnson rejects reports that government intends to scrap the levy that is added on to consumer bills to fund clean energy projects The Prime Minister has dismissed calls from some Tory MPs to scrap the green levies... read more

Kwasi Kwarteng rejects Tory donor’s plan for £1.2bn subsea cable

126 Days ago News Source:

Aquind Energy’s project faced fierce opposition over national security and environmental concerns in UK and France The UK government has rejected plans from a leading Tory donor to build a controversial £1.2bn electricity and internet cable... read more

Vattenfall gets green light for 1.8GW Norfolk Vanguard offshore wind project

104 Days ago Finance Source:

Approval means all parts of offshore wind megaproject planned by the developer off the East Anglian coast can proceed The UK government has awarded planning consent for Vattenfall's 1.8GW Norfolk Vanguard project, which... read more