Allocation Round 8 could buy 19 GW of renewables while cutting consumer costs
LCP Delta estimates that an optimised Contracts for Difference auction could procure as much as 19 GW of wind and solar. Its central scenario produces more than £11 billion of net consumer savings between 2027 and 2050. The figure is a modelled outcome, not an auction forecast, and depends heavily on strike prices, gas prices, […]
Scotland places hyperscale data centres behind a new environmental gate
Every proposed Scottish data centre with more than 50 MW of power capacity must now undergo an environmental impact assessment. The requirement applies to applications already in the system as well as new proposals; smaller… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Ofgem sets delay penalties for UK’s first offshore hybrid interconnectors
LionLink and Nautilus would provide a combined 3.2 GW of cross-border capacity while connecting continental offshore wind. Ofgem is proposing start dates, a 2035 backstop and repayment requirements for unjustified delays. The consultation is a… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
MPs urge government to prioritise bills and security over ‘net zero’ slogan
A Commons committee says “net zero” has become a distraction and should be removed from the energy department’s name and used less in government communications. The committee is not recommending abandoning the 2050 target; it… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Google backs megaton-scale methane and carbon-removal project in Brazil
Google will purchase one million tonnes of near-term methane reduction impact by 2030 and one million tonnes of permanent carbon removal by 2040. Terradot will combine intermittent rice field drainage with enhanced weathering of crushed… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Ineos opens EU’s first full-scale CCS operation in Danish North Sea
Ineos, Harbour Energy and Denmark’s Nordsøfonden have started commercial operations at Greensand, capable of storing up to 400,000 tonnes of CO₂ a year beneath the Danish North Sea. The initial operation will largely store biogenic… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Great British Energy launches £30 million ‘People’s Power’ fund
Community groups can apply for grants of up to £3 million, while English councils can receive up to £100,000 to develop ‘People’s Power’ projects with community partners. The funding is the first tranche of a… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Shell: From Aberdeen to London – what we know so far
Contrary to recent reports, Shell is not mulling an exit from Aberdeen or the North Sea. Nevertheless, the relocation of global technical roles raises questions over the city’s ability to retain high-value corporate and engineering… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
The harder decommissioning gets, the more collaboration matters
By Matthew Marcantonio, head of engineering at Aquaterra Energy Offshore decommissioning is entering a tougher phase, with much of the more straightforward work already completed and the harder projects still to come. The industry has… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Westminster directs Ofgem to prioritise ‘social value’ in grid procurement
New statutory guidance asks Ofgem to give greater weight to domestic capability, jobs, skills and supply chain resilience when regulating network investment. Network procurements should retain at least a 10% social value weighting and work towards 20%, but the policy is not a mandatory UK content rule. Its impact will depend on Ofgem’s implementation and […]