The Department of Energy Security and Net Zero (DESNZ) has asked that the Climate Change Committee (CCC) assist in the development of carbon emissions goals.
The sixth auction round (AR6) for the Contracts for Difference (CfD) scheme will have a budget of £1.5 billion after Ed Miliband announced a £500 million increase.
Ed Miliband has been elected as the new Secretary of State for Energy Security and Net Zero following the Labour Party’s landslide victory in the general election.
The flagship renewable power auction, known as Contracts for Difference, has published the results of its Auction Round 5 (AR5), revealing that just 3.7GW of projects have been awarded funding.
Around 70,000 extra jobs in the onshore wind sector are needed between now and 2030, says a report by the Offshore Wind Industry Council (OWIC), with the total exceeding 100,000.
British multinational oil and gas company Shell recorded its “highest-ever” annual profits in 2022 amounting to £32.2 billion, with only £1.86 billion estimated to be paid via the UK and EU’s windfall taxes for the year.
