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Tory leadership contest goes nuclear, as Truss and Sunak face worsening energy crisis

Business Green

There are now just days to go until Britain's energy regulator officially confirms how much average domestic bills will rise for the autumn period, with concerns growing that the scale of the resulting fuel poverty and economic crisis could be genuinely unprecedented in its scope and intensity.

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Momentum Builds for UK Government to Self-Fund New Nuclear Plants

GreenTechMedia

gigawatt Hinkley Point C nuclear power station in 2012, it proudly proclaimed that the arrangement proved new nuclear did not need direct subsidy. A 2014 study found that of a global sample of 180 nuclear power plants, 97 percent ended up over budget. ” RAB: Nuclear's next top model? When the U.K.

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The Net Zero Review: Everything businesses need to know

Business Green

The findings of his Review may do little to convince the net zero sceptics in his own party, but if they take the time to read it they might find themselves pleasantly surprised by how reasonable its 129 recommendations are - and how economically, politically, and socially rational to boot. G overnance.

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CBAM Ignites New Era of Equitable Contest in Europe

Hydrogen Fuel News

This mechanism serves as a protective shield for the EU’s climate policies, preventing them from being undermined by production relocation to countries with less stringent environmental standards or by the substitution of EU products with more carbon-intensive imports.

Europe 76
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Future System Operator: New public body launched to manage Britain's net zero energy transition

Business Green

FSO will take 'whole-systems' approach to integration of green energy technologies such as renewables, hydrogen, and CCUS, government confirms. The reforms follow a consultation last year over proposals to create a new energy system operator separate from National Grid plc with responsibility for both the electricity and gas grids.

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The 4 Things PG&E Must Do to Survive and Thrive Post-Bankruptcy

GreenTechMedia

Pacific Gas & Electric is on the verge of escaping from its 18-month bankruptcy , only to begin a years-long effort to prevent a repeat of the disasters that pushed it into insolvency in the first place. PG&E must keep up with the state’s ambitious clean energy, environmental and electrification goals.

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Could a revised Net Zero Strategy help turn the UK's economic fortunes around?

Business Green

With households, businesses, and the government facing a challenging 2023, evidence continues to mount that an accelerated net zero transition could reverse the UK's worrying economic trends. Moreover, Sunak's set piece speech was once again notably light on mentions of climate action, environmental policy, or the net zero transition.