EDF asks for Force Majeure for Hinkley Point C

The move is expected to push back dates on the current contract to help the company avoid a potential penalty

IMF calls on governments to subsidise food and energy

Managing Director Kristalina Georgieva said support should be provided in a ‘very targeted manner, preferably by providing subsidies directly to people’

Netherlands to ban fossil fuel boilers from 2026

Dutch homes will have to install sustainable heating systems, such as a hybrid heat pumps, instead

‘Each year $1.8tn is spent on subsidies that harm the planet’

A new report reveals that 2% of global GDP is spent annually on measures that damage the Earth

MPs brand burning wood for energy as scandal

A group of 50 MPs has written a letter to the Energy Minister warning about the emissions produced by biomass

Treasury ‘denies talks’ with Kwasi Kwarteng over energy crisis

The business and energy secretary said he was ‘working very closely’ with Chancellor Rishi Sunak ‘to get us through this situation’ but denied reports suggesting he asked for ‘billions’ of pounds worth of subsidies

The Solar Boom – is it time for businesses to get onboard?

The UK is on course to double its solar capacity by 2030, with widespread innovation and technological developments across the renewables sector.

Vattenfall granted Dutch subsidies to build ‘Europe’s largest’ E-boiler

It is initially expected to be able to supply around 15% of the heat in the Amsterdam region with renewable sources, including solar and wind power

UK to end support for fossil fuel energy projects abroad

The government will end export finance, aid funding and trade promotion for new crude oil, natural gas and thermal coal projects, with ‘very limited exceptions’

EU approves Ireland’s new renewable aid scheme

The Irish Government intends to introduce the Renewable Electricity Support Scheme (RESS) for green power production from sources including solar and wind farms