A small game of join the dots: A headline suggests that the UK is the second most ready to achieve Net Zero by 2050. Our prospective leadership candidates get surprised by the big cheer they get when they mention environmental policy and third, the biggest generator of levelling up jobs has been the renewables industry. … 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
100 days to COP26 and still no Roadmap from China or India and an underwhelming reaction to the recent one from Indonesia which pretty much sticks to existing targets Company news BP snaps up Open EnergiThe oil and gas giant announced today that Open Energi will join its BP Launchpad portfolio of start-up and scale-up … Read More
Company news TRIG raises £120m war chestThe Renewables Infrastructure Group (TRIG) has raised £120m from a share issue following the issue announcement on 19 May.The net proceeds of the issue will be applied in repaying amounts drawn under TRIG’s revolving credit facility.The facility is expected to be fully repaid with surplus cash of £70m by … Read More
What will be the new normal after CV-19? Not a particularly original question I admit. As I sit at my home office looking out at a sunny and windy day I glance at Gridwatch (see snapshot below) which tells me that over 30% of the UK’s energy is being generated solar and wind, more than … Read More