Launch of gold standard for corporate net zero transition plans
The government’s Transition Plan Taskforce (TPT) has published its official guidance for climate transition plans. The TPT Disclosure Framework sets out best practice for...
UK ETS: Carbon allowances will be cut to lowest level ever in 2024
In a decisive move towards achieving net-zero emissions, the UK Emissions Trading Scheme (UK ETS) is set to impose stricter emission limits on power,...
‘Unlocking opportunities’: Government holds first Net Zero Council
Leaders from the world’s top banks, energy companies, and tech giants gathered on Tuesday (9 May) for the first-ever Net Zero Council meeting. Ministers...
Report: UK intensive industry must install 200GW of low carbon energy in next 12...
The UK's goal to reach net-zero carbon emissions by 2050 requires a significant transition towards a zero-carbon power grid and the electrification of heavy...
A quick guide to energy bill support for Energy and Trade Intensive Industries (ETIIs)
The government has opened applications for increased Energy and Trade Intensive Industries (ETII) support under the Energy Bill Discount Scheme. It’s important to note...
Social value to be rewarded under proposed CfD reform
The UK Department for Energy Security and Net Zero (DESNZ) is looking to reform its Contracts for Difference (CfD) scheme, which offers a guaranteed...
The new role of Small Modular Reactors in the UK’s energy mix
On ‘Green Day’, Chancellor Jeremy Hunt announced the first competition for small modular reactors (SMRs). He claims these smaller components of nuclear energy could...
Report: 97% of UK firms failing to align to net zero ‘gold standard’
New research reveals that less than 3% of large UK firms have published plans that meet the government’s ‘gold standard’ for a credible net...
Two-year extension to the current Climate Change Agreement (CCA) scheme
The Climate Change Agreement (CCA) is set to extend two years until 2027, Jeremy Hunt announced in the Spring Budget. This means that qualifying...
Can nuclear power ever be truly green?
In March’s Spring Budget the Chancellor announced that nuclear power will be classified as “environmentally sustainable” in UK’s green taxonomy, “giving it access to...
