Uniper is the latest company to reach an agreement with the UK Government to keep a coal-fired power plant online throughout the winter months in order to mitigate the impact of the ongoing energy crisis.
Labour Party has unveiled a plan to turn the UK into a clean energy superpower by 2030 with plans to increase the generation capacity of technologies such as offshore wind and solar.
On 23 September, Chancellor Kwasi Kwarteng unveiled the UK Government’s prospective Growth plan aiming to reduce the cost of energy bills, at an expected cost of £31 billion over its first six months.
If the UK was not generating electricity from renewable sources, liquified natural gas (LNG) imports would need to more than double, said RenewableUK via new analysis.
Although the introduction of the Energy Price Guarantee is a broadly welcome and required intervention by the UK Government, there are number key clarifications needed.
The UK Government has announced plans to almost half the predicted MWh price for electricity and gas for businesses this winter, to £211/MWh and £75/MWh respectively.
