Certain nations see solar tariffs drop by as much 50% in last two years

Bloomberg New Energy Finance says massive deflation rates were seen in Chile, Mexico, India and Saudi Arabia

UK wind power tops nuclear over a whole quarter for first time

It was the second most productive form of power generation across the first three months of 2018, following gas

National Grid launches 48-hour green energy regional forecast

It predicts over the next 24 hours, North East England and South Scotland will be providing the greenest electricity in the UK

IFC provides $200m for Brazilian port’s power plant

The funding will help develop, build and operate a thermal power plant in the Port of Sergipe

UK renewables exceed 1958’s power consumption

The amount of renewable electricity produced in 2017 could have powered the whole of Britain in 1958. That’s according to new research from Imperial College London and power group Drax, which shows the 91TWh of electricity used by 52 million Brits six decades ago could have been powered by the 96TWh of renewable power produced […]

Iberdrola commits fifth of its energy spend to UK

Spanish utility giant Iberdrola plans to invest €32 billion (£28.3bn) in the energy sector between 2018 and 2022 to build solid foundations for sustainable growth in the future. The firm is still confident in the UK’s heat and electricity industry and plans to spend nearly a fifth of the aforementioned funding on British shores. In […]

BP: Plastic bans will slow oil demand

Bans on single-use plastics will slow growth in global oil demand. That’s the forecast from BP’s latest Energy Outlook, which suggests the phasing out of plastic bottles, carrier bags and straws at both governmental and commercial levels is likely to significantly affect how the fuel source is used. Oil accounts for nearly two-thirds of the growth […]

EIB approves €6.5bn for new energy and transport projects

The European Investment Bank (EIB) has approved a total of €6.5 billion (£5.8bn) of new financing for 36 projects across Europe, Africa, Asia and South America. Around €1.5 billion (£1.3bn) will be spent financing for Trans-Adriatic Pipeline, which is planned to cross Greece, Albania and the Adriatic Sea before coming ashore in Southern Italy to connect […]

UK leads as Europe’s renewables overtake coal

European wind, solar and biomass generation overtook coal for the first time in 2017, with much of this progress being driven by the UK. That’s according to a new report from the Sandbag and Agora Energiewende think tanks, which are based in the UK and Germany respectively. The study shows as recently as five years […]

Share of UK’s low carbon power hit record high last year

The share of energy generated by low carbon power sources in the UK increased to a record high of 54.4% in the third quarter (Q3) of 2017. That’s according to new government data, which shows this increased from 50.2% the same period the year before, as a result of increased generation from renewables. Clean energy’s […]