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Energy policy

King Charles III and Queen Camilla in royal robes sitting on thrones in Houses of Parliament

8/11/2023 News

Annual UK oil and gas licensing round plans announced in King’s Speech

The King’s Speech, delivered yesterday for the first time by Charles III as monarch, confirmed plans for new legislation to deliver annual offshore oil and gas licensing rounds and investment in renewables and electricity grid reform in the UK.

Solar

Operators working in solar panel factory

10/4/2024 News

Australia to invest A$1bn in Solar Sunshot programme

The Albanese government of Australia has announced it will invest A$1bn ($660mn) in the country’s solar industry to ‘supercharge’ its ambition to become a renewable energy superpower.

Batteries

UK cities lit up at night, seen from space

1/3/2023 News

New investment into UK battery storage announced at International Energy Week

Masdar CEO Mohamed Jameel Al Ramahi has announced additional investment of close to £1bn into battery storage projects across the UK during day two of International Energy Week.

Net zero / decarbonisation / energy transition

Wind turbine at container terminal in China

4/2/2026 News

Global energy transition investment reaches $2.3tn in 2025

BloombergNEF’s annual Energy Transition Investment Trends report shows global investment in the energy transition rose 8% year-on-year to reach a record $2.3tn in 2025. This figure includes financial commitments across renewable energy, electrified transport, power grids, energy storage and low-carbon fuels. The findings indicate that capital flows into clean energy supply now exceed those directed toward fossil fuel extraction and power generation.

Offshore wind

Guard on duty outside Buckingham Palace

25/1/2023 News

King Charles calls for Crown Estate wind profits to be used for ‘public good’

King Charles has asked for a surge in profits that will be generated from six new offshore wind farm projects on The Crown Estate to be used for the ‘wider public good’ rather than being added to the Royal Household’s purse.

Renewables

Group of offshore wind turbines

16/10/2024 News

Global wind projects face investment shortfall, warns EIC

Only 5% of the $2tn earmarked for global fixed offshore wind projects have reached final investment decision (FID). It is the clearest sign yet that the current pace of renewable project deployment could potentially stall the progress towards net zero targets, warns Stuart Broadley, Chief Executive Officer of the Energy Industries Council (EIC).

Electric vehicles

Three HGVs at charging station

10/12/2025 News

UK backs electric transport with investments and trials

Carmaker Mercedes is to invest in UK EV production capacity, a new state-funded consortium in Scotland is testing electric HGVs (eHGVs) with shared charging hubs, and a recent study reports fleets have now logged over 500,000 zero-emission miles.

Hydrogen

Exterior view of Kristinestad power-to-X plant in Finland

10/9/2025 News

New EU platform to raise European green hydrogen production

In a bid to boost European energy security, diversification and decarbonisation, the European Commission (EC) has launched a Hydrogen Mechanism under the EU Energy and Raw Materials Platform. The online platform is designed to help users source renewable and low-carbon green hydrogen and its derivatives (ammonia, methanol and sustainable aviation fuel) efficiently.

Solar

Three engineers in between rows of solar panels at Danish Fields solar farm

9/10/2024 News

US solar development focuses on Texas

TotalEnergies has launched two utility-scale solar farms in Texas, featuring a combined capacity of 1.2 GW, whilst Octopus Energy is boosting its US solar investments, targeting solar projects across Texas and the East Coast. Meanwhile, in New York, construction of a microgrid at JFK’s New Terminal One will include the city’s largest rooftop solar array.

Finance and investment

Artist's graphic of wind turbines at sunset with financial graphs

16/10/2024 News

Pension investors list reforms needed to invest in UK renewables

Australian infrastructure investment firm IFM Investors, together with UK and Australian pension funds worth £1.7tn in assets under management, have unveiled a blueprint to facilitate investment in clean power.

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