Latest news
Ofgem unveils buy-out price and mutualisation ceilings for 2023-24 ROC
Renewable energy suppliers in the UK have been informed that the buy-out price for the 2023-24 obligation period will be £59.01 per Renewables Obligation Certificate (ROC).
read more... 13/04/2023
‘UK’s largest’ offshore windfarm plan accepted for determination
SSE Renewables has submitted plans for what is described as the UK’s largest offshore wind farm to East Lothian Council and the Scottish Government for determination.
read more... 03/04/2023
UK government to fund Acorn CCS in second phase of CCUS development
The UK government on Thursday launched the second phase of its carbon capture, utilisation and storage (CCUS) scheme. It has named the Acorn Project in the north of the UK as one of the two beneficiaries of the next phase.
read more... 03/04/2023
Scottish project to use surplus wind for 3GW hydrogen
UK-based energy storage company Statera plans to develop a 3GW grid-connected electrolysis project near Aberdeen to turn surplus offshore wind power in Scotland into hydrogen, the company said today.
read more... 31/03/2023
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