Energy secretary Alok Sharma has turned down an application for a development consent order (DCO) by Vattenfall Wind Power Ltd to extend Thanet offshore wind farm. The Nationally Significant Infrastructure Project (NSIP) application sought permission to construct and operate up to 34 wind turbine generators and associated offshore and onshore infrastructure approximately 8km off
Renewable power shares are outperforming fossil fuels in the stock market, but obstacles are still standing in their way. A new report produced by Imperial College London and the International Energy Agency (IEA) found that renewables offered investors higher total returns than fossil fuels, and had a lower annualised volatility, making them lower risk
For the first time ever, more electricity came from renewables than fossil fuels throughout the whole of Q1 2020. During the first three months of the year, over 40% of Britain’s electricity came from renewable energy sources, with 30.6% coming from gas according to Drax’s newest Electric Insights Quarterly. This was bolstered by a
While COVID-19 looks set to hurt renewable growth in the short term, it will not halt it according to a new report by the International Energy Agency (IEA). In the agency’s Renewable Market Update report, it shows that globally there will be 167GW of renewable power capacity added in 2020, a 13% drop from
Many people want to know how much free electricity and income their home roof could generate if fitted with solar panels – if that includes you, then you’ve come to the right place.
The Committee on Climate Change (CCC) has called for low carbon and climate-resilient infrastructure to be at the heart of the government’s approach to rebuilding the UK after COVID-19. In an open letter sent to Prime Minister Boris Johnson today, the CCC outlined five measures that should be taken as the country moves on
Renewable electricity may be only source to withstand biggest shock in 70 years Renewable electricity will be the only source resilient to the biggest global energy shock in 70 years triggered by the coronavirus pandemic, according to the world’s energy watchdog. The International Energy Agency said the outbreak of Covid-19 would wipe out demand
“Dramatic” recent gains have pushed solar’s levelised cost of electricity below US$30/MWh and will see the industry break the US$20/MWh average in a decade, BloombergNEF (BNEF) has said. New analysis from the consultancy found that utility-scale solar and onshore wind new-builds have become the cheapest option in countries home to two-thirds of the world’s population,
Last year saw renewables records broken across the board as renewables produced nearly 37% of the UK’s power, according to new data released by the Department for Business, Energy and Industrial Strategy (BEIS). In 2019, renewables generated a record breaking 36.9% of the UK’s electricity, it announced today (26 March). Of this, wind power
Decision comes four years after ministers scrapped support for new projects The UK has abandoned its opposition to subsidising new onshore windfarms, four years after ministers scrapped support for new projects. The government will remove a block against onshore wind projects by allowing schemes to compete for subsidies alongside solar power developments and floating