Final price cap prediction for Q3 set at £2,053
Cornwall Insight has released its final forecast for the Q3 2023 Default Tariff Cap (price cap) set at £2,053.77.
UK must address cost-competitiveness to spur nuclear industry growth
The UK will need to address nuclear’s cost-competitiveness with alternative low-carbon technologies to spur growth, a report has indicated.
Octopus Energy to invest £1.2 billion into Asia-Pacific renewables
Octopus Energy has confirmed it will make a £1.2 billion investment in the Asia-Pacific renewables sector by 2027.
Santander UK provides £25m for 49.9MW Dorset solar farm
Santander UK has provided £25 million in capital to support the construction of a 49.9MW ground-mounted solar farm situated near Spetisbury, Dorset.
Increased UK-EU cooperation could cut energy costs by £1.1 billion a year
Trade association Energy UK has published new analysis showing that increased UK cooperation with the EU could cut wholesale energy costs.
Low Carbon adds £310 million to solar PV construction facility
Global renewable energy company Low Carbon has increased its solar PV construction facility by £310 million with aims to develop an additional 448MW of solar PV projects in the UK and the Netherlands.
NESF records slight increase in NAV as strong irradiation helps portfolio outperform
NextEnergy Solar Fund (NESF) has recorded a slight increase in net asset value (NAV) of £5.9 million for the year with its portfolio achieving a generation outperformance.
Sustainability is ‘key to unlocking £70 billion economic opportunity’ for UK
The UK has a “once in a generation economic opportunity” to unlock £70 billion by becoming a “sustainability superpower”, says new report.
Improved reward schemes offered to onshore wind local communities
The UK Government yesterday (11 May) set out new proposals to improve reward schemes offered to communities living locally to onshore wind farms.
