Scottish ‘Yes’ vote risks clean energy investment

The clean energy industry is likely to be damaged if Scotland was to become independent, a new report claims. A ‘Yes’ vote in Thursday’s referendum could leave investors “less confident” about future prospects in clean energy and project decisions could also be delayed, analysts at Bloomberg New Energy Finance (BNEF) predict. According to the report, […]

Single energy market should continue after Scottish independence – report

Britain’s single market for gas and electricity should remain in place if Scotland votes for independence, a new report suggests. The Expert Commission on Energy Regulation, made up of independent experts from across the UK, looked at the possible arrangements and how Scotland’s partnership with the rest of Britain could be made to work after […]

Independent Scotland could ‘lead in tackling climate change’

Independence could help create a “greener, cleaner and nuclear-free” Scotland and allow it to “lead the world” in tackling climate change, the Scottish Government claims. Scottish Environment Secretary Richard Lochhead set out five “green gains” that independence could bring to Scotland, including laying out environmental protection in a written constitution and getting a “fairer share” […]

Shell boss wades into Scottish independence debate

Shell’s chief executive believes Scotland should remain part of the UK for economic stability. Ben van Beurden’s remarks follow those rival oil company BP’s concerns over Scottish independence. Speaking in London on Wednesday at Shell’s annual reception, he said the UK offered “continuity and stability”. Mr van Beurden first stated the UK should stay “at the […]

Oilfields new battlefield for Scots’ independence

The North Sea’s oilfields have become the latest battlefield in the fight for Scottish independence. Today Prime Minister David Cameron and Scotland’s First Minister Alex Salmond were both in the country to make their case to the oil and gas sector. Over the weekend Mr Salmond opened the attack by announcing a new Energy Department would […]

Thousands of warm homes for Scots this winter

Thousands of householders in Scotland are set to have a warm winter with the help of the Scottish Government’s home energy helpline. Around 3,375 households have been referred for insulation and heating packages through the Home Energy Scotland hotline – which offers free energy advice and support – since the launch of the campaign at […]

Is Scotland better off going it alone on energy?

Scotland could be better off going it alone when it comes to electricity, a new report has found. The study was written by a group of five academics from universities across the UK as part of the Delivering Renewable Energy Under Devolution (DREUD) project. A previous report released by the group earlier this year said […]

‘Energy isn’t being ignored in Scottish independence debate’

The energy sector will be a key part of the independence debate in Scotland and cannot be ignored. That’s according to EY partner Colin Pearson an expert in the Oil and Gas industry and part of the team behind the Grasping the Thistle report, looking into the issues around Scotland’s economy. Mr Pearson told ELN: […]

Sturgeon promises 5% energy bill cut with Scottish independence

Scotland’s Deputy First Minister Nicola Sturgeon promised to cut her country’s energy bills by 5% if it becomes independent. Speaking at the Scottish National Party conference in Perth yesterday, she criticised the “disjointed” way energy efficiency measures are funded and said responsibility for them should be transferred from energy companies to the Scottish Government. Westminster […]

SNP: Scotland should make own decisions on oil and gas

The “mismanagement of successive Westminster Governments” has shown why Scotland needs to make its own decisions on oil and gas. That’s the view of the Scottish National Party (SNP), which made the comment following George Osborne’s trip to Scotland yesterday where he warned the nation could see “very significant” tax rises if it established an […]