EDF on track for £4.5bn of UK low carbon energy investment in 2023

Michael Holder
clock • 3 min read
An artist's render of EDF's proposed Sizewell C nuclear power station | Credit: EDF
Image:

An artist's render of EDF's proposed Sizewell C nuclear power station | Credit: EDF

Energy giant confirms plans to ramp up spending on renewables, nuclear, and household green energy technologies, as it looks to mobilise £5bn of investment in 2024

EDF has said it expects its investments in zero carbon electricity to reach £4.5bn in the UK this year, before ramping to £5bn in 2024, as the French energy giant stressed that "what's good for net zero...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

CIP fires up 'Europe's largest' battery storage facility in Scotland

CIP fires up 'Europe's largest' battery storage facility in Scotland

The 500MW Coalburn 1 battery storage facility is one of three being developed by Copenhagen Infrastructure Partners in Scotland

clock 13 August 2026 • 1 min read
Report: Ditching gas for clean energy could save UK manufacturers £2.1bn by 2035

Report: Ditching gas for clean energy could save UK manufacturers £2.1bn by 2035

Widespread adoption of 'proven' measures such as onsite renewables, smart energy management and waste heat recovery could unlock billions in savings over next decade

Michael Holder
clock 11 August 2026 • 4 min read
Nature Infrastructure Capital snaps up stake in UK solar and battery developer Anesco

Nature Infrastructure Capital snaps up stake in UK solar and battery developer Anesco

NIC confirms investment alongside existing investors Ara Partners and Anesco management team in bid to deliver 7GW renewables pipeline

Stuart Stone
clock 10 August 2026 • 3 min read