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Net zero / decarbonisation / energy transition

24/7/2024 News

UK ‘off track’ for net zero, says Climate Change Committee

In its latest progress report to government, the independent Climate Change Committee (CCC) says that the UK is ‘off track’ for net zero, with only a third of the emissions reductions required to achieve the country’s 2030 target currently covered by credible plans.

Offshore wind

The Yellow River wind farm under construction

26/6/2024 News

Don’t use record-low French price as new floating wind benchmark, warns WindEurope

The record-low bid price for floating offshore wind awarded by France last month is not a new benchmark for floating wind development in Europe, warns WindEurope. Meanwhile, looking onshore, the 101 MW Yellow River wind farm (pictured) has been completed.

Energy policy

UK Chancellor Rachel Reeves lifting budget box in Downing Street

6/11/2024 News

Energy industry ‘disappointed’ by increase in windfall tax, but reaction to other parts of UK Autumn Budget more positive

Announcing her Autumn Budget last week, UK Chancellor Rachel Reeves confirmed that oil and gas companies will contribute more as the Energy (Oil and Gas) Profits Levy (EPL; or 'windfall tax') rises from 35% to 38%. Alongside this, the government is removing the 29% investment allowance, and extending the levy until 31 March 2030. The government will retain the availability of 100% first year capital allowances within the EPL, and will consult in early 2025 on how the oil and gas tax regime should respond to price shocks once the EPL ends in 2030.

Energy efficiency / management

Head and shoulders photo of Nicolas Gillanders, CEO, South Coast Insulation Services

27/9/2023 Comment / Nic Gillanders

How to solve UK energy efficiency policy inaction

The UK has one of the worst insulated housing stocks in Europe, yet the government recently announced it will no longer require homeowners and landlords to meet energy efficiency targets that would have helped reduce residents’ energy bills and emissions. Here, Nic Gillanders, CEO of South Coast Insulation Services (SCIS), offers some solutions.

Energy security

13/7/2022 Comment / Rob Gross

More can be done to help energy consumers through this crisis

With the Energy Institute’s (EI) Energy Barometer member survey focused on the UK’s response to the energy crisis, EI Trustee and UK Energy Research Centre (UKERC) Director Professor Rob Gross FEI examines three options that could yet be put in place to start reducing consumer bills before this winter.

Energy policy

22/3/2023 News

UK budget extends energy subsidies and supports carbon capture and mini-nuclear reactors – but overlooks energy efficiency and renewables

Jeremy Hunt’s first budget as UK Chancellor of the Exchequer brought welcome relief to hard-pressed energy consumers, froze the fuel duty cut, and promised to pump billions into carbon capture and storage projects as well as support the development of small nuclear reactors. However, there was no support for energy efficiency initiatives or significant renewable energy infrastructure investment, despite lobbying by numerous industry and non-governmental organisation groups, writes New Energy World's Brian Davis.

Energy policy

Close up of wind turbine looking up from its base

7/8/2024 News

UK government unveils record budget for renewables auction, while raising oil and gas windfall tax

The new Labour government has announced that a record £1.5bn will be available to clean energy projects under this month’s renewables auction round, with £1.1bn on offer to offshore wind developers. It has also raised the Energy Profit Levy (also known as the oil and gas windfall tax) and extended it to 2030.

Energy policy

UK Prime Minister Rishi Sunak during speech

27/9/2023 News

UK government pushes back green deadlines in run up to net zero

The UK Prime Minister extended the deadlines for a number of green policies last week but vowed to still meet the government’s ultimate net zero by 2050 target. However, Rishi Sunak’s pledge for a ‘fairer’ path to net zero whilst ‘easing the financial burden on British families’, was decried by many as undermining business confidence, putting at risk future investment and economic recovery, and, ultimately, running the danger of missing net zero by 2050.

Solar

Head and shoulders photo of Carl Hogg set against a blurry background of green trees and foliage

25/6/2025 Comment / Carl Hogg

What will new homes with solar do for the UK’s decarbonisation goals?

With the government recently confirming new homes will have solar panels by default, the UK’s second biggest rooftop solar installer, Good Energy, indicates that it could provide a meaningful contribution to the country’s zero carbon power goals. Carl Hogg, Services Managing Director at Good Energy, explains.

CCUS

26/4/2023 News

CCUS to play key role in Australia’s decarbonisation

Carbon capture, utilisation and storage (CCUS) has a vital role to play in Australia’s goal to reach net zero by 2050 according to several recent reports. Meanwhile, new emissions legislation may trigger a spike in carbon capture and storage (CCS) projects in the country, according to new analysis.

New Energy World™

Search results:

UK ‘off track’ for net zero, says Climate Change Committee

Don’t use record-low French price as new floating wind benchmark, warns WindEurope

Energy industry ‘disappointed’ by increase in windfall tax, but reaction to other parts of UK Autumn Budget more positive

How to solve UK energy efficiency policy inaction

More can be done to help energy consumers through this crisis

UK budget extends energy subsidies and supports carbon capture and mini-nuclear reactors – but overlooks energy efficiency and renewables

UK government unveils record budget for renewables auction, while raising oil and gas windfall tax

UK government pushes back green deadlines in run up to net zero

What will new homes with solar do for the UK’s decarbonisation goals?

CCUS to play key role in Australia’s decarbonisation