Two separate reports calling for a qucker transition to a renewable economy have been published by business leaders. In the first, launched by The Prince of Wales’s Corporate Leaders Group, companies warn that inconsistent, vague and unambitious EU policies are stifling investment and…

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The Competition and Markets Authority (CMA) has said it plans to halt closer co-operation between two commodity exchanges, Intercontinental Exchange (ICE) and Trayport. The CMA has already put the brakes on a merger of the two exchanges, saying it would…

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An emissions-reduction firm and an energy monitor company are among the businesses celebrating receiving a Queen’s Award for innovation. Winchester-based RJM International won an award for innovation in the design and manufacture of Ultra-Low NOx Burners for thermal-fired combustion plant.…

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Improving energy efficiency and resource productivity must be a priority in the government’s new industrial strategy, particularly in buildings and energy networks, according to a new report published today that summarises the engineering profession’s response to the government’s industrial strategy…

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The government has agreed to see the UK Green Investment Bank plc (GIB) to a consortium led by Macquarie, comprising Macquarie Group Limited (Macquarie), Macquarie European Infrastructure Fund 5 (MEIF5) and Universities Superannuation Scheme (USS) Climate change and industry minister Nick Hurd said…

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Ofgem is reviewing the Secure and Promote licence condition, starting with a workshop on 2 May. In 2014, the regulator brought in the Secure and Promote Licence Condition, to try to address concerns about the lack of liquidity in the GB…

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Energy network operators should be allowed to own and operate batteries and other energy storage, the Energy Networks Association (ENA) has said in a response to the government’s consultation on an industrial strategy. Energy networks are currently barred from commercial…

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Ofgem has responded to the Scottish government’s Consultation on Heat and Energy Efficiency Strategies, and Regulation of District Heating with suggestions on how to regulate the district heat sector. In the letter, Martin Crouch, Ofgem’s senior partner for improving regulation, said: “Any regulatory…

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A study has found that the UK could deliver 1GW of new onshore wind capacity at no additional cost to consumers over and above the long-term wholesale price of power, according to a new study from Baringa Partners. However, this depends…

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The UK CCS Research Centre (UKCCSRC) has today been awared £7.6 million funding to extend its work for a further five years. The UKCCSRC has been awarded £6.1M by the Engineering and Physical Sciences Research Council (EPSRC) to continue its…

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