Renewables

“No plans” for BP to invest in Scottish renewables

“No plans” for BP to invest in Scottish renewables

Nick Wayth, head of BP’s alternative energy division, has said that the global energy giant has “no plans” to invest in the Scottish renewable sector, while answering questions on the social media platform Linkedin. When asked during the session whether BP would be investing in North Sea renewables, he said: […]

Government reject Swansea tidal project

Government reject Swansea tidal project

The UK Government has rejected Swansea’s proposed tidal lagoon that was set to cost £1.3 billion due to the high costs associated with the renewable project that taxpayers would have had to subsidise for decades to come. The business secretary, Greg Clark, told parliament: “The inescapable conclusion of an extensive […]

New solar installations halve for second consecutive year

New solar installations halve for second consecutive year

New solar power installations in the UK have halved for the second consecutive year as a result of the government’s decision to cut green subsidies in a move to protect consumers from increasing energy bills. Europe’s solar trade body, SolarPowerEurope, said Britain had the slowest growth of the world’s top […]

Green energy to cost global economy trillions

Green energy to cost global economy trillions

Research from the University of Cambridge has found that the burst of the “carbon bubble” will lead to another drastic downturn of the global economy that will cost trillions of dollars. In the case of such a downturn, the study predicts mass unemployment that would result in the populist leaders […]

Swansea tidal project set to be rejected

Swansea tidal project set to be rejected

A £1.3 billion tidal power lagoon in Swansea Bay is expected to be rejected by ministers in the coming days due to the vast subsidies it would require from UK taxpayers. Provisional backing of £200 million was provided by financial institutions led by Prudential for the proposal by Tidal Lagoon […]

Cambridgeshire wind turbine catches fire in thunderstorm

Cambridgeshire wind turbine catches fire in thunderstorm

An 89m wind turbine caught fire during recent thunderstorms in Cambridgeshire, raising questions over the reliability of the renewables sector. The fire service that was called out at around 7.50am said parts of the turbine had fallen off and debris had been scattered around the area. A nearby resident said: […]

UK energy policy has led to “intermittent and unreliable” supply

UK energy policy has led to “intermittent and unreliable” supply

Britain’s energy mix is focused on the introduction of more forms of renewable energies, however these are unreliable and intermittent, and it is unclear as to what will fill the gap when these fail, according The Sunday Times. In a piece for the broadsheet paper, John Collingridge said: “Much like […]

Growth in independent renewable projects declining

Growth in independent renewable projects declining

Independent renewable projects have seen the lowest levels of growth in the UK for year as green subsidies from the government come to an end. As a result of the reduction in government financial support for renewables, the number of projects has fallen drastically due to concerns over the financial […]