Ofgem confirms 93 per cent cut in local power generator payments
Experts warn of blow to decentralised renewable energy projects - and diesel generators - as regulator confirms it will cut embedded payments from around £47/kW to between £3-7/kW
Ofgem has decided to drastically cut payments made to embedded generators providing back-up grid power in a move that will come as a major blow to some local wind, energy from waste, and combined heat...
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BNP Paribas sets out rules for coal financing phase out
In a string of new measures unveiled yesterday, the bank has tightened its rules on providing finance to companies invested in coal, giving European firms until 2021 to align their coal strategies with a 2030 exit date.
Centrica throws weight behind UK heat electrification drive amid hydrogen cost fears
British Gas owner says UK should target one million heat pumps by 2025 as it fears hydrogen domestic heating may be a decade away
Vattenfall gets green light for 1.8GW Norfolk Vanguard offshore wind farm
BEIS gives nod to huge 1.8GW wind farm proposed by Swedish energy company, as it delays approval for Ørsted's Hornsea Three project for the fourth time
