European Union (EU) Energy Commissioner Maros Sefcovic has been lobbied by businesses to remove barriers to corporate power purchase agreements (PPAs) being signed.
The companies, under the auspices of the RE-Source Platform, called for the commissioner to reform the system in his forthcoming recommendations to national governments.
Their letter to the commissioner said corporate PPAs could play a “decisive role” in helping member states to meet the EU’s 32% renewable energy target for 2030.
Harnessing biomass and other forms of bioenergy will be “core” to the UK meeting its fifth carbon budget, according to a new report.
Phase two of the Renewable Energy Association’s (REA’s) bioenergy strategy said using biomass, biofuels and anaerobic digestion would not only meet the projected shortfall in the carbon budget, but would also fill the impending nuclear gap by providing an additional 117 TWh across heat, transport and power.
The trade body said its vision would see bioenergy’s ove...
Cuts in operating costs of 15% have been achieved under a project aimed at increasing the efficiency of tidal energy arrays.
The Enabling Future Arrays in Tidal (EnFAIT) project, a €20 million (£17m) scheme funded by the European Union’s (EU’s) Horizon 2020 programme, has also extended the industry’s supply chain from four to 14 EU countries.
Nova Innovation, the Edinburgh-based company leading the consortium behind the project, said it expects to slash the cost of electricity being produced b...
Enough turbines to generate an additional 723GW of wind power are expected to be erected around the world between now and 2028, analysts at Wood Mackenzie have predicted.
In their latest Global Wind Power Market Outlook Update, researchers said 50.2GW of power were added during 2018, a 4% year-on-year increase.
Luke Lewandowski, Wood Mackenzie’s Power & Renewables Research Director, said: “This significant level of investment seen last year was largely driven by a resurgence in China.
Energy Minister Claire Perry has told MPs that the UK Government is drawing up plans for a domestic emissions trading scheme (ETS) to be introduced in January 2021.
Speaking to the House of Lords’ European Union (EU) Energy & Environment Sub-Committee, Perry said the UK’s system would begin operating at the end of the EU ETS’s current phase in 2020.
The plan would need agreement from the EU but Perry is confident of winning approval because the UK is a “big provider of liquidity.”