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  • Implementing Paris agreement could boost GDP across Europe

    Europe’s economy could grow by an extra 1.1% by 2030 if the Paris climate change agreement is implemented, according to a European Union report. Employment would also rise by 0.5% over the same period, the study found. Donald Storrie, Chief Researcher at Eurofound, the agency that compiled the report, said: “Climate change is expected to have very serious implications for living and working conditions on a global scale; it is the people who are socially, economically, or otherwise marginalised t...

    19 02 2019

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    News article - 19 February 2019

  • Power sector could be decarbonised by 2045

    A further expansion of solar and wind power is expected to lead to Europe’s power sector being decarbonised by 2045, according to a new report. The survey of industry leaders by EY found they expect renewables will meet 80% of the energy requirements of Europeans by then. Onshore wind capacity is forecast to triple to 640GW by 2045, accompanied by offshore wind increasing to 470GW and solar posting a seven-fold rise to 950GW. Overall, as much as 63% of the continent’s economy could be decarbon...

    05 02 2019

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    News article - 5 February 2019

  • Industry body backs Government over Capacity Market

    Lawrence Slade, Chief Executive of trade body Energy UK, has thrown his weight behind the UK Government’s efforts to reinstate the Capacity Market (CM). The mechanism was suspended late last year after the European Court of Justice ruled the European Commission hadn’t followed the correct procedure when granting state aid approval. Slade said: “Finding that £1 billion of apparently guaranteed income – upon which both the operation of existing plants and new developments (including DSR and batt...

    29 01 2019

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    News article - 29 January 2019

  • Government ‘needs plan B on Capacity Market’

    The chair of the House of Commons’ Business, Energy & Industrial Strategy (BEIS) Committee has called on the UK Government to develop a “Plan B” for the Capacity Market. Rachel Reeves’ comments came in response to a letter from Claire Perry in which the Energy Minister answered questions from the committee over the European Court of Justice’s decision to suspend the Capacity Market. Judges ruled the European Commission had not followed the correct procedure in 2014 when it granted state ai...

    15 01 2019

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    News article - 15 January 2019

  • More interconnectors urged to accelerate low-carbon shift

    The UK should prioritise interconnectors in the future relationship negotiations with the European Union (EU), according to European think tank E3G. In its latest briefing paper, the organisation said the UK needs more interconnectors in order to hit its greenhouse gas emission reduction targets. The UK imported 6% of its electricity through interconnectors in 2018, down from a peak of 9% in 2014 and 2015, but the total is expected to hit nearly one-third of power demand by 2025. A total of 4...

    15 01 2019

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    News article - 15 January 2019

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