Offshore CO2 storage is not an attractive investment proposition for the private sector, according to the Carbon Capture and Storage Association (CCSA) and government must shoulder the financial risks if CO2 projects are to go ahead. The associations’s new report into UK…

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The government has accepted the Committee on Climate Change’s recommendation on that the UK should set a target to reduce carbon emissions 57% (compared to 1990 levels) by 2030. Professor Jim Watson, UKERC director, called the announcement: “very good news…

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SSE has taken a final investment decision to proceed with the 70MW Ferrybridge Multifuel 2 (FM2) project in Yorkshire. Construction is expected to begin this year. The project will be built next to the recently completed Multifuel 1 project, on…

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The shadow energy and climate change minister Barry Gardiner has been promoted to shadow secretary of state for energy and climate change, after Lisa Nandy resigned in protest at Jeremy Corbyn’s leadership. The shadow energy minister responsible for transmission and distribution, Alan Whitehead, also…

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A new video shows the three month assembly of a tidal turbine in time-lapse footage. The Offshore Renewable Energy (ORE) Catapult, together with turbine developer Atlantis Resources, took the footage over three months as the 1.5MW AR1500 turbine was assembled prior…

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The Competition and Markets Authority has promised ‘over 30′ changes in the energy industry to improve competition in what it described as “the most comprehensive investigation into the energy market since privatisation”. The changes will be accomplished via a combination…

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Mothballed UK gas turbines could be exported to Africa, Silvia Stefini, gas product line leader, Europe, for GE’s Power Services business, told New Power. Exporting second hand engines “gives some value to an asset they no longer use,” said Stefini.…

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Independent energy supplier Good Energy has raised £3.1million and reported a significant oversubscription in its latest share offer. The company said the majority of the 2,000 individual applications were from Good Energy customers. Shares cost £2.08 each, with a minimum application value…

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A Community Windpower wind farm in the Scottish borders will power half Nestlé’s operations in the UK and Ireland when it is completed in 2017. This new deal, an initial 15 year partnership with Community Wind Power, will see a brand…

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The Department of Energy and Climate Change (Decc) wants the Competition and Markets Authority (CMA) to rethink its proposed remedies in awarding  Contracts for Difference for low carbon projects. Decc opposes the CMA remedies for both negotiated and auction-allocated CfDs.…

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