Supreme Court rules offshore wind farm survey costs ineligible for tax relief

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

UK Supreme Court rules offshore wind survey costs incurred by Ørsted are not eligible for capital allowances - raising questions over UK tax system's alignment with clean energy drive

The UK's Supreme Court has unanimously ruled that environmental survey costs incurred by Ørsted during the development of four offshore wind farms were not eligible for tax relief, in a decision experts...

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

Oil and gas giants report upstream methane emissions are down 61 per cent in last decade

Oil and gas giants report upstream methane emissions are down 61 per cent in last decade

Oil and Gas Climate Initiative members claim to have hit collective carbon and methane targets for 2025, despite production increases

Stuart Stone
clock 01 October 2026 • 5 min read
Study: Freezing food at -15C could cut energy consumption seven per cent

Study: Freezing food at -15C could cut energy consumption seven per cent

Research published by Nomad Foods provides further evidence keeping frozen foods at slightly higher temperatures is safe and delivers significant emissions and energy savings

clock 30 September 2026 • 2 min read
Energy bill price cap forecast to climb further 16 per cent in January

Energy bill price cap forecast to climb further 16 per cent in January

Cornwall Insight expects energy price cap for average UK household to rise a further £276 from the start of next year, as fallout from Iran war continues to bite

James Murray
clock 30 September 2026 • 4 min read