Greg Clark: BEIS is promoting UK firms’ interests in Brexit talks

Jul 26, 2017 Priyanka Shrestha Policy & Legislation, Top Stories 0

Business and Energy Secretary Greg Clark said his department is promoting the interests of UK businesses and other stakeholders in the EU exit negotiations. In its first annual report since it was...

EU clears Centrica’s gas plants sale for £318m

Jul 25, 2017 Priyanka Shrestha Coal, Gas & Oil 0

The European Commission has approved the buyout of Centrica’s combined cycle gas turbine (CCGT) power stations by a UK arm of a Czech utility company. The Langage and South Humber Bank CCGT...

EU bank provides €12.4bn for transport and energy

Jul 24, 2017 Jonny Bairstow Infrastructure & Generation, Markets & Finance 0

The European Investment Bank (EIB) has approved €12.4 billion (£11.1bn) of financing for 63 new transport and renewable energy schemes. The funding aims to improve the efficiency of the rail,...

UK ‘risks higher energy bills without EU co-operation post-Brexit’

Jul 24, 2017 Priyanka Shrestha Policy & Legislation, Markets & Finance, Top Stories 0

The UK must continue to collaborate with the EU on energy and climate policies post-Brexit if it is to keep bills down. Think tank Green Alliance warns failure to co-operate with the EU after the...

Santander inks €400m deal for green lending

Jul 21, 2017 Priyanka Shrestha Markets & Finance 0

Santander has signed an agreement with an EU bank to provide financing for businesses to invest in renewable energy. The deal will help Santander support new green energy projects in Spain, with...

Green finance ‘best way to reset EU for long term growth’

Jul 19, 2017 Jonny Bairstow Sustainability & Environment, Markets & Finance 0

Sustainable finance could provide the best opportunity for the EU to rebalance its financial system for long term growth in the aftermath of the financial debt crisis. That’s according to a new...

UK’s green laws ‘must be preserved post-Brexit’

Jul 19, 2017 Jonny Bairstow Sustainability & Environment 0

The preservation of existing environmental laws after the UK leaves the EU is important for regulatory stability and protection of the planet. That’s according to a new report from the UK...

UK ‘could remain associate member of Euratom’

Jul 14, 2017 Jonny Bairstow Policy & Legislation, Low Carbon 0

The UK could maintain an association agreement with Euratom following Brexit. That’s according to Brexit Secretary David Davis, who told the BBC an “arbitration arrangement” would have to be...

Agricultural ammonia broke EU emissions limit in 2015

Jul 13, 2017 Jonny Bairstow Sustainability & Environment 0

Ammonia pollution exceeded EU limits in 2015. That’s according to a new report from the European Environment Agency (EEA), which shows although the level of ammonia has dropped since 1990, it...

EU approves Hungary’s renewable support scheme

Jul 13, 2017 Priyanka Shrestha Low Carbon, Markets & Finance 0

The European Commission has given the green light for Hungary’s new support scheme for renewable energy. The initiative, with a yearly budget of around €146 million (£129m) provides state...