08/03/24 – Useful Links

Interesting links, articles, news and blog posts sent out to members on 08/03/24.

Press release: Great British Nuclear to buy two Hitachi sites for new nuclear development – Great British Nuclear, Department for Energy Security and Net Zero, The Rt Hon Claire Coutinho MP, and Andrew Bowie MP

7 March 2024. Land is to be acquired by government to underpin nuclear revival:

Link: https://www.gov.uk/government/news/great-british-nuclear-to-buy-two-hitachi-sites-for-new-nuclear-development

News: Budget fell far short on UK green investment, experts say – Guardian Online

7 March 2024, Fiona Harvey. Green economists dismayed by failure to recognise one of the fastest-expanding areas of business:

Link: https://www.theguardian.com/environment/2024/mar/07/budget-fell-far-short-on-uk-green-investment-experts-say

News: Spring Budget 2024: Hunt extends windfall tax on oil and gas industry – City AM

6 March 2024, Rhodri Morgan. The Chancellor has announced a one-year extension of a windfall levy on energy firms’ profits in the Spring Budget 2024 speech:

Link: https://www.cityam.com/spring-budget-2024-hunt-extends-windfall-tax-on-oil-and-gas-industry/

News: UK allocates £800m to offshore wind AR6 budget – Renews.biz

6 March 2024. The UK will offer a record £800m to support new offshore wind farms in its upcoming AR6 budget. The Department for Energy Security and Net Zero (DESNZ) confirmed that a total of £1bn will be set aside for the budget, with the lion’s share going into Pot 3 to develop offshore wind projects:

Link: https://www.renews.biz/91723/uk-allocates-800m-to-offshore-wind-ar6-budget/

Briefing: A new deal for locally led home upgrades – E3G.org

4 March 2024, James Dyson. Local authorities are uniquely positioned to coordinate area-based retrofit programmes. However, at present, many do not even have internal capacity to apply for grant schemes. A new deal for locally led delivery is needed to address the postcode lottery: providing clarity and a stable model for allocating funding to authorities:

Link: https://www.e3g.org/publications/a-new-deal-for-locally-led-home-upgrades/

News: Drax: UK power station still burning rare forest wood – BBC News Online

28 February 2024, Joe Crowley. A power company that has received £6bn in UK green subsidies has kept burning wood from some of the world’s most precious forests, the BBC has found:

Link: https://www.bbc.co.uk/news/science-environment-68381160

Press release: Boost for UK hydrogen as government backs world-leading industry – Department for Energy Security and Net Zero, The Rt Hon Claire Coutinho MP, and Lord Callanan

27 February 2024. Low carbon hydrogen to get a further boost with over £21 million of government support for 7 projects to make green fuel:

Link: https://www.gov.uk/government/news/boost-for-uk-hydrogen-as-government-backs-world-leading-industry

Open call for evidence: Default energy tariffs for households: call for evidence – Department for Energy Security and Net Zero

23 February 2024. views on how the type and price of default tariffs may evolve and the fairest ways to protect household consumers in a world of more flexible energy pricing. This call for evidence closes at 11:59pm on 22 April 2024:

Link: https://www.gov.uk/government/calls-for-evidence/default-energy-tariffs-for-households-call-for-evidence

Project: Referral of the proposed Capacity Market Scheme by the Department for Energy Security and Net Zero – Competition and Markets Authority

22 January 2024. The Subsidy Advice Unit has accepted a request for a report from the Department for Energy Security and Net Zero (DESNZ) concerning its proposed Capacity Market scheme:

Link: https://www.gov.uk/cma-cases/referral-of-the-proposed-capacity-market-scheme-by-the-department-for-energy-security-and-net-zero