For the UK to reach net zero, delivering hydrogen and carbon capture and storage (CCS) projects at scale will be “essential”, according to a new report from Aurora Energy research.
The opportunity to hit net zero by 2050 globally is “narrow but still achievable” if renewables grow to dominate the energy sector, while no additional investments into fossil fuels are made.
If the UK is to reach 100% renewables at the lowest cost, it will need 49.5GW of flexibility from both storage and gas, according to research from Wärtsilä.
National Grid is looking to acquire Western Power Distribution (WPD) as part of a strategic transformation that will see the company's assets more focused on electricity transmission and distribution.