Autumn Budget 2024: What’s in store for business and the energy sector?
Rachel Reeves made history as the first woman to hold up the Chancellor of the Exchequer’s red box. But will her Budget for autumn...
CCUS investment: What is actually happening and when?
In the lead-up to this month’s UK investment summit, the government announced “a new era for clean energy investment and jobs” thanks to carbon...
Including carbon capture in the ETS: consultation now open
The body in charge of the UK Emissions Trading Scheme (ETS) is consulting on how the scheme can incorporate greenhouse gas removal.
Background
The UK ETS...
Market-wide Half-Hourly Settlement: Fundamental change to the UK electricity market
Regulatory change is coming that will affect all UK energy suppliers and their customers. The reform will require electricity suppliers to settle based on...
CCUS: Call for evidence to help drive forward transportation of captured emissions
The Department for Energy Security and Net Zero has today (8 May) opened a call for evidence on how to best transport captured carbon...
EU approves new sustainable supply chain rules
In a significant move towards enhancing corporate accountability and sustainability, the European Parliament has greenlit the Corporate Sustainability Due Diligence Directive (CSDDD). The directive,...
Industrial Energy Transformation Fund | IETF | A Guide
The Industrial Energy Transformation Fund (IETF) is funding to help businesses with high energy usage to cut their consumption through investment in energy efficiency measures and low carbon technologies.
UK to introduce carbon border tax in 2027
The UK government has announced it will implement a new Carbon Border Adjustment Mechanism (CBAM) for imported goods, to support the decarbonisation drive.
UK government allocates £4.5 billion to boost manufacturing and clean energy
The UK government has announced a significant £4.5 billion investment in strategic manufacturing sectors, with a focus on economic growth, energy security, and levelling-up initiatives.
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...
