Horizon submits application for nuclear licence in Wales

Horizon Nuclear Power has submitted an application for a Nuclear Site Licence for a proposed facility in Wales. It is one of the main permissions Horizon will need as it looks to build and operate two Advanced-Boiling Water Reactor (ABWR) units for the Wylfa Newydd power station on Anglesey. The news follows EDF’s recent announcement that concrete […]

Low carbon opportunities need local authority backing

Communities could be in a position to make a profit from low carbon technologies, if local authorities had more power to influence government. That’s the view of researchers at Sheffield Hallam University, who analysed the Government’s community energy plans. The Community Energy Strategy published last year, allows individuals and local communities to make important contributions […]

Ex-Logica boss to head counterparty for energy auctions

The former boss of IT firm Logica is to head up the company which guarantees payments to energy generators in energy auctions. Dr Martin Read will chair the Government-owned Counterparty Company which will manage the long-term Contracts for Difference (CfDs) with electricity generators. These are meant to incentivise firms to build low carbon energy sources. Dr […]

World must triple low carbon energy to avoid climate change – UN

The world must triple or nearly quadruple the amount of zero and low carbon energy it uses to avoid devastating climate change. That’s the conclusion of a UN report released over the weekend which said nations must act together to stop global temperatures rising more than 2°C above what they were before industrialisation. It found […]

More detail on CfD payments for low carbon energy

The Government has published more details of the mechanism for supporting low carbon energy, the Contracts for Difference. CfDs pay the generator the difference between the cost of investing in a particular low-carbon technology, called the ‘strike price’ and the average market price for electricity, known as the ‘reference price’. Generators will still operate as […]

Electricity association chief keen to see details of Budget energy plans

The Association of Electricity Producers has said that if the government gets right its Budget plans for energy it will create “huge opportunities”, but if it fails “there could be serious consequences”. The association’s chief executive David Porter said: “The government recognises that the industry will have to spend £200bn in the next decade to […]