Apoliogies for smaller and late Titbits. Been a busy week UK news Scottish hydrogen network trial gets underwayHydrogen from Grangemouth site to be transported along 29 kilometre section of previously decommissioned gas pipelinesPlans to build a network of hydrogen pipelines across the UK took a step forward today, with the start of a Scottish pilot … Read More
Two biggies this week: The IPCC 6th assessment report and the UK Government Energy Security Strategy. The former has been applauded for not mincing words and stating categorically that net zero will need direct carbon capture (DCR) as well as renewables. As I show in the focus, that is going to be a hard ask The … Read More
A couple of readers last week spotted that the link to the best heat pumps review was missing. Apologies, you can find the article HERE Company news Macquarie takes stake in Island Green PowerMacquarie Asset Management has reached an agreement to acquire a 50% stake in UK renewables developer Island Green Power.The investment, via the … Read More
So, we have survived the Spring Statement, which could have been better but could have been worse. Now we need to see some proper green initiatives with money backing them from the Energy Security Strategy. Now that we can get loans and zero VAT for domestic heat pumps, I thought a quick buyers guide might … Read More
One argument that has been rattling around the environmental arena for the last few weeks is about whether the North Sea oil extractors should face a windfall tax. Generally the financial community have an aversion to the idea of windfall taxes as companies need to feel comfortable that their tax liability is predicatble so that … Read More
This week we have all the elements of a complete zero-carbon package: Offshore wind, long term storage, hydrogen, heat pumps, plastics recycling, methane abatement. Look no further Company news Sony and Honda discuss alliance to build EVsHonda and Sony announced that they’re exploring the possibility of entering a joint venture for developing and building electric … Read More
Company news Green Investment Group launches specialist offshore wind divisionCorio Generation will commence operations next month with a project pipeline of more than 15 gigawatts (GW), one of the largest in the world.A GIG portfolio company, operating on a standalone basis, Corio will take projects from origination, through development and construction, and into operations.It will … Read More
As if the world wasn’t divided enough the arguments rage now between those who think fracking is the answer to the energy crisis and those who want more renewables to reduce dependency on unreliable sources. I don’t need to suggest which side of that chasm Titbits sits on but there is a good summary of … Read More
Two significant news items from the UK this week: the increase in frequency in CfD auctions and the proposals to reform the Solvency II rules which could allow insurance companies to roll out considerably more clean infrastructure investment. Company news SSE ramps up Net Zero Acceleration Programme with new carbon targetsSSE has today announced an … Read More
It is a relief to see that BritishVolt has raised it’s first round. Unlike most startups they have managed to persuade investors of the idea that “build it and customers will come”. They probably will, but it is rare to see so much money raised without a firm orders. Must be a bull market Company … Read More