Spending on charging of electric vehicles (EV) on public chargers in the United Kingdom will be 1,515 pounds ($1,854.51) more annually than charging at home, according to an analysis of fees by pro-EV campaign group FairCharge. The cost to charge an EV on a public network is up to 1,838 pounds annually, compared with 323 […]
Britain trailing on green growth: business lobby – EQ Mag
CBI head Tony Danker will in a speech call on UK finance minister Jeremy Hunt to make “big decisions” on green investment to “get growth going” Britain is falling behind global competitors in green investment growth, the CBI business lobby will warn Monday, urging action to soften the blow of recession. CBI head Tony Danker […]
Britain opens nuclear fund as it aims to cut dependency on Russian supplies – EQ Mag
Britain officially opened its multimillion-dollar nuclear fuel fund to bidders on Monday, as it seeks to bolster domestic uranium and related supplies while reducing its dependency on Russia amid its war in Ukraine. The $90 million fund was first announced in July and came after leaders of the Group of Seven nations a month earlier […]
Britain plans ‘de-facto windfall tax’ on low-carbon energy producers – EQ Mag Pro
Renewable power companies will have their revenues capped in England and Wales, as the government clamps down on runaway profits. The measures – described by the industry as a “de facto windfall tax” – will apply to low-carbon electricity generators like wind and solar. However, the government has not capped oil and gas revenue, leading […]
Britain eyes green trade to end world’s dependence on Russian energy – EQ Mag Pro
LONDON : Green trade deals can help to end the world’s dependence on Russian oil and gas and “de-Putinise” the global economy, Britain’s trade minister Anne-Marie Trevelyan will say in a speech on Wednesday (May 18). Russian President Vladimir Putin said on Tuesday that it was impossible for some European countries to quickly ditch Russian […]
Israel’s Econergy plans renewable energy storage, solar PV capacity in Britain – EQ Mag Pro
LONDON: Renewables investor Econergy Renewable Energy said on Thursday it plans to develop a portfolio of 800 megawatts (MW) of renewable energy storage and 900 MW of solar photovoltaic (PV) capacity in Britain over the next three years. The firm said it plans to develop 350 MW of energy storage capacity for operation in 2023, […]
Britain Rolls Out $378 Million Renewable Energy Support Scheme – EQ Mag Pro
Britain Rolls Out $378 Million Renewable Energy Support Scheme…Read More…
Britain commits $283 mln to Rolls-Royce for small nuclear reactors – EQ Mag Pro
LONDON – Britain has committed 210 million pounds ($283 million) to help Rolls-Royce build the country’s first small modular nuclear reactor, part of a drive to reach net zero carbon emissions. Hitting this goal by 2050 will require a huge increase in low-carbon power generation such as wind, solar and nuclear, but large-scale new nuclear […]
Britain announces biggest round of its renewable energy scheme – EQ Mag Pro
Under the so-called Contracts-for-Difference (CfD) scheme, qualifying projects are guaranteed a minimum price at which they can sell electricity, and renewable power generators bid for CfD contracts in a round of auctions. LONDON : The British government will announce the biggest round of its renewable energy scheme on Monday, hoping to build up enough extra […]
Shell to Vastly Expand EV Charging Network in Britain – EQ Mag Pro
The expansion is part of a government-backed push to rapidly grow Britain’s electric vehicle fleet in line with a target to reduce carbon emissions to net zero by 2050. Royal Dutch Shell on Wednesday announced plans to vastly expand its network of electric vehicle charging points in Britain, aiming to install 50,000 on-street posts by […]