Chancellor unveils £3bn investment in the green economy
By Melanie Kendall-Reid, Director of Consultancy Services The Summer Statement was announced by the Chancellor Rishi Sunak this week. It included a £3bn package to stimulate the UK’s green economy as the country recovers from the Covid-19 pandemic, which has severely...
Committee on Climate Change recovery plan a once-in-a-lifetime opportunity
By Melanie Kendall-Reid, Director of Consultancy Services The Committee on Climate Change (CCC) has published its annual progress report, which assesses the progress made to reduce emissions over the past year. Territorial emissions have decreased by 30% since 2008...
Electricity cost uncertainties grow as fit costs set to rocket
By Paul Gleaves, Head of Risk & Trading According to energy research company Cornwall Insights, Feed-in-Tariff (FiT) costs for Q2 ’20 are set to reach record highs on the back of coronavirus-related demand destruction and unusually high levels of sunshine. This...
Major companies commit to purchase 100% renewable energy
By Paul Gleaves, Head of Risk and Trading, Carbonxgen On World Environment Day, a number of major global companies announced that they had signed up to the RE100 scheme. Although there are varying horizon dates; ONO Pharmaceutical, Continental, Zalando and Novozymes...
