Encouraging to start the year with record levels of wind generation in the UK. Good news, but might it be seen as a metaphor for some turbulence to come? There are plenty of challenges ahead as highlighted in the Focus section below. COMPANY NEWS Insurance giant Chubb launches global climate businessProperty insurance giant Chubb has … Read More
Here are all of the weekly EV of the Week posts for 2022, most are either here now, or coming soon. A few are very much concepts. Together they make a snapshot of how the EV world is developing this year and into the near future: Pininfarina Battista Is World’s Fastest-Accelerating Road-Legal CarAutomobili Pininfarina has … Read More
In another sign that sanity is slowly returning to this country it is encouraging to hear that the Environment Secretary has confirmed that the Environmental Land Management scheme will start to roll out as originally planned next year. Not a moment too soon. COMPANY NEWS Ineos in talks with Rolls-Royce to build mini-nuclear power plantIneos, … Read More
If the objective is to confuse us, they have certainly succeeded. Which leading member of our government is in favour of onshore wind and which is against and which similar for ground mounted solar. I am very confused about something which should have been beyond doubt years ago. It is painful to watch. COMPANY NEWS … Read More
COP27 continues to debate the EU’s late arriving proposal on a loss and damage fund, so we shall have to wait on that, the most important decision at this year’s summit. In the meantime the UK’s Autumn statement is with us, and with it the expected windfall tax on electricity generators. General consensus seems to … Read More
I suppose that any revolution has its casualties, but it is still sad to see electric van pioneer Arrival join BritishVolt in the intensive care ward. COMPANY NEWS Equinor and Hitachi Energy formalise collaborationEnergy company Equinor and technology company Hitachi Energy have signed a strategic collaboration agreement. It includes developing standardised base designs for transmission … Read More
I had hoped to report plenty of good news on renewables coming from our new PM, but we may have to wait for that.Looking elsewhere there is good news around, such as the record amounts of renewables being generated both here (see below) and in Europe. Also good news from an unlikely source: Chris Giles, … Read More
Enjoy a few minutes of politics free reading COMPANY NEWS Lloyds is UK’s first bank to shun fossil fuelsLloyds Banking Group has become the first full-service British bank to walk away from directly financing coal, oil and gas projects.New North Sea greenfield oil and gas developments permitted after 2021 now fall outside the banking group’s … Read More
Jacob Rees-Mogg had a lot to say about renewables this week, and was accused of talking in a “word salad”. Actually I think there was some sense in what he was trying to say, which was that the Government was trying to encourage renewables owners who have assets on the old ROC and FiT based … Read More
Glad to see the post about the boom in renewables, below. I hope that the UK will join in, although messages are mixed currently. A good example being that we criticise the President of DR Congo for issuing licenses to drill for oil in peatlands and then issue plenty of our own in the North … Read More