Finance & Markets

The OECD claims 70% of energy-related carbon dioxide emissions from advanced and emerging economies are completely untaxed

With projects set to be delivered for as low as £39.65/MWh, around 30% lower than the second auction held in 2017, the auction has caused a stir amongst the sector

He promised to continue to press the UK Government to commit to a fairer system that offers early stage technologies a better chance of securing investment

The package consists of 1,600MW of agreements, including 18 new energy deals, which together will boost its worldwide portfolio of wind and solar power by more than 40%

Farmers can apply for grants between £500 and £25,000 to cover repair costs through the Farming Recovery Fund

It has also pledged to source 100% of its electricity from renewable energy sources by 2030

Around 6GW of projects have been awarded contracts, with offshore wind projects set to be delivered for as low as £39.65/MWh

Support for renewables is currently financed through contributions based on electricity consumption through a levy on energy bills

Around 1,500 scientists and technicians will be involved in the project

The US power company has unveiled an updated climate strategy, announcing a new 2030 goal to cut its carbon dioxide emissions by at least 50%