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Energy policy

UK Chancellor Jeremy Hunt

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.

PICTURE OF THE WEEK

CGI rendering of offshore wind farm comprising banks of vertical axis floating wind turbines

18/9/2024 News

New visions for wind development

Innovative wind turbine concepts are looking to push the boundaries of wind both offshore and onshore, while one developer considers recycling and circular economy aspects. In the UK, a new report sets out an approach to leasing an additional 20–30 GW of offshore wind by 2040.

Renewables

View of solar farm under construction

16/10/2024 News

Renewables on course to meet half of global electricity demand by 2030

Renewables are expected to meet nearly half of global demand for power by 2030, according to the latest analysis from the International Energy Agency (IEA), with more than 5,500 GW of new renewable energy capacity forecast to be installed worldwide between now and then. Two significant renewable projects, in Estonia and Australia, demonstrate how low-carbon ambitions are being made real.

Solar

Solar panels and wind turbines against a blue sky

25/9/2024 News

Stronger integration measures are needed for solar and wind

As solar photovoltaics (PV) and wind grow at an accelerated pace around the world, governments must act to ensure that they are well integrated into power systems – or risk losing out on significant benefits, according to a new report from the International Energy Agency (IEA). Meanwhile, a McKinsey report reveals the step change in efforts needed on the journey towards net zero.

Offshore wind

Offshore wind farm with calm sea

14/6/2023 News

Safety performance improves alongside surge in offshore wind activity

G+ members – comprising most of the biggest offshore wind operators in the world – have reported a record 44.6mn hours were worked in 2022, an increase of 38% on the previous year, with safety metrics continuing on a downward trajectory.

Wind

Close up of wind turbine against blue sky background

17/5/2023 News

Wind power first for Britain

Britain’s growing fleet of wind turbines generated more electricity than gas-fired power stations for the first time in the first three months of this year. Meanwhile, two North Sea offshore wind developers are planning to kickstart a route to net zero North Sea oil and gas production, and the UK government has unveiled a proposal to create a ‘treasure map’ showing the potential for North Sea carbon, capture and storage (CCS) projects.

Wind

Three offshore wind turbines on calm sea

18/6/2025 News

France and China push the boundaries of offshore wind as UK trade body advises caution on work safety

France has debuted its first floating offshore wind farm and China is testing what is claimed to be the world’s largest offshore wind turbine. Meanwhile, unprecedented growth in the global offshore wind sector is reported to have been accompanied by a rise in injury rates.

Wind

Head and shoulders photo of man standing in office, with computer monitors behind and windows

28/5/2025 Comment / Ryan Penman

Profile: Technician to company director in 15 years

A strong tail wind must have been pushing former wind turbine technician Ryan Penman, who has made company director less than 20 years after starting his career as one of the second-ever intake of the first wind turbine technician apprenticeship at Siemens Gamesa. (As told to New Energy World Senior Editor Will Dalrymple.)

Renewables

Aerial view of wind farm on hilly terrain

1/2/2023 News

US to boost annual renewables investment to $114bn by 2031

The Inflation Reduction Act (IRA) in the US will significantly boost annual investment into renewable energy deployment in the country, with a rise from $64bn in 2022 to nearly $114bn expected by 2031, according to Wood Mackenzie.

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