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UK offshore wind capacity needs to increase by 265% to meet 2030 targets

The UK’s offshore wind capacity will need to increase by 265% to meet government targets. The UK Government seeks to grow offshore wind capacity from 13.7GW to 50GW by 2030.

read more... 13/06/2023

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Britain to introduce price floor to energy sector windfall tax

The British government is set to announce on Friday changes to its windfall tax on oil and gas companies aimed at allaying concerns the levy would impede investments and undermine the country's energy security, industry sources said.

read more... 09/06/2023

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Japan to invest $107 bln in hydrogen supply over 15 years

Japan plans to invest 15 trillion yen ($107.5 billion) over the next 15 years to supply the country with hydrogen, the government said on Tuesday, as it accelerates efforts to use the gas to shift to a low carbon economy.

read more... 07/06/2023

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New global renewables capacity additions to rise by a third this year

Global additions of renewable power capacity are expected to rise by a third this year, the International Energy Agency (IEA) said on Thursday, as stronger government policies and energy security concerns drive more clean energy deployment.

read more... 01/06/2023

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UK considers removing VAT on battery storage installed after solar panels

The government has announced plans to consult on potential changes to VAT regulations for energy saving systems.

read more... 01/06/2023

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