08/05/2012
Tim Yeo, chairman of the Energy & Climate Change Select Committee, has launched an outspoken attack on the Government’s energy policy, claiming that decisions over nuclear power, wind farms and other areas of energy policy had been “neglected”.
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Five overseas investors are said to be interested in taking over the Horizon nuclear project which plans to build nuclear power stations at Wylfa on the Isle of Anglesey and at Oldbury-on-Severn in Gloucestershire.
Energy Secretary Ed Davey has called for evidence to help shape the coalition Government’s gas generation strategy, which Chancellor George Osborne is expected to launch in the autumn.
The energy regulator has defended bonus payments to its staff after a parliamentary question revealed that more than £1m had been paid out to over the past two years.
Biomass technology is already competitive with coal and oil for medium-scale projects, even without subsidies from the Government’s Renewable Heat Initiative (RHI), according to a report from analysts at Sustainable Venture Intelligence (SVI).
The coalition government must work harder to deliver its commitments on renewable energy, according to a Liberal Democrat peer.
Highlights this week include Study to look at new power interconnector between UK and Denmark,Ludgate expands green portfolio with £14m investments and CHP plant installed for district heating system around London’s Kings Cross Station