As the UK’s renewable economy continues to grow, consultancy firm PwC stated that green jobs are currently growing at four times the rate of the overall UK employment market.
The Confederation of British Industry (CBI) has urged the government to extend the Energy Bill Relief Scheme beyond March 2023 for high energy users to prevent plunging British industry into disarray.
DNV has released a new report which indicates the UK is set to miss its 2050 net zero target and has called on industry and government to mobilise a clear roadmap to attain the mid-century goal.
So Energy has revealed it is no longer exploring additional funding options, citing a fall in future wholesale prices, continued governmental support and ESB backing as a means of becoming more financially sound moving into 2023.
The Energy and Climate Intelligence Unit (ECIU) has estimated that the development of 45GW of onshore wind farms would take up 2.1% of the UK’s total land prompting calls to scale the renewable energy technology.
Should loopholes for tax incentives be removed from the UK government’s windfall tax could generate around £22 billion in additional revenue, research from the New Economics Foundation (NEF) has found.
Battery electric vehicles (BEVs) saw their highest month for registrations across 2022 in November with 29,372 new registrants, the Society of Motor Manufacturers and Traders (SMMT) stated.