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UK's $5.6 Billion Electricity 'Superhighway' Gets Green Light
After years of stagnation, the U.K.’s green transition finally appears to be underway, with great support from the country’s recently elected Labour government. Plans for an electricity ‘superhighway’ between Scotland and England have been approved, supported by new wind and solar energy projects across the U.K. This month, the U.K.’s energy regulator, Ofgem, approved a $5.6 billion electricity “superhighway” project, which will transport renewable power 300 miles between north-east Scotland and the north of England. The Eastern Green Link subsea power cable will be the largest in the country to date, with phase one expected to transport enough energy to power around 2 million homes in England. This will be the biggest single investment in the U.S. grid to date, to be funded by energy bills. Work on the project by SSE and National Grid is expected to commence later this year, with phase one to be completed by 2029.
read more... 26/08/2024
New Zealand to push through law to reverse ban on oil and gas exploration
New Zealand said on Monday it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration, and take urgent steps to remove regulatory hurdles to import liquefied natural gas (LNG) amid energy shortages.
read more... 26/08/2024
UK energy bills to climb 10% to £1,717
Ofgem has confirmed that the energy price cap will increase by 10% for the final quarter of 2024.
read more... 23/08/2024
Denmark's North Sea energy island delayed again by high costs
Denmark will delay by at least three more years construction of a planned North Sea energy island to supply renewable power to three million European households, a government minister said on Wednesday, citing rising costs and high interest rates.
read more... 22/08/2024
New rules set to streamline UK grid connections
The energy regulator has announced its decision to support the implementation of transitional arrangements in the electricity connections process, following requests from the National Grid Electricity System Operator (NGESO) and the three Great Britain Transmission Owners (TOs).
read more... 22/08/2024