Latest news
Record $63 billion raised from carbon allowance sales in 2023
Governments globally raised a record $63 billion from the sale of carbon allowances in emission trading systems in 2022, as many countries increased ambitions to cut pollution despite record high energy prices following Russia’s invasion of Ukraine, a report said on Wednesday.
read more... 22/03/2023
Newcleo aims to raise $1.1bn to build small nuclear reactors
UK-based energy company Newcleo intends to raise £900m ($1.1bn) to develop a fleet of nuclear reactors, The Times has reported.
read more... 21/03/2023
UK Spring budget: Hunt announces $24bn for carbon capture and storage
UK chancellor Jeremy Hunt announced on Wednesday the government’s plans to commit $24bn (£20bn) to carbon capture and storage.
read more... 17/03/2023
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EDF extends operating life of two UK nuclear plants by two years
EDF Energy will extend the operating life of its Hartlepool and Heysham 1 nuclear plants in Britain by two years to March 2026, it said on Thursday, boosting the country's energy security amid turbulent gas and power markets.
read more... 13/03/2023
Orsted says huge UK Hornsea 3 wind project at risk without government action
Development of what would be the world’s largest wind farm off the coast of Britain is in doubt, with developer Orsted saying it needs more support from the government such as tax breaks to proceed with the project after costs soared.
read more... 06/03/2023