How will cuts to FiT affect business energy prices?

New rates have been announced for the Feed-in Tariff (FiT) scheme for 2016 onwards including a 64% cut to the domestic tariff bringing down rewards from 12p/kWh to a measly 4.39p/kWh. The subsidy cuts however were smaller than expected for small to mid scale solar, wind, and hydro projects, although plans for a £100m cap […]

UK government blasted over renewables cuts by Al Gore

Former US vice president Al Gore has been left “puzzled” by the recent cuts to renewables subsidies by the UK government. In their short time in power, the Renewables Obligation scheme has been scrapped, subsidies for wind farms and solar projects have prematurely ended, cut Climate Change Levy (CCL) exemptions and the Feed-in Tariff scheme […]

ECCC to review drop in renewables investment

The Energy and Climate Change select committee (ECCC) has agreed to investigate whether there has been a drop in investor confidence towards the energy market since the entrance of the new government. ECCC chair Angus MacNeil said: “Energy projects like offshore wind farms and nuclear power stations can take years from planning to completion, so […]

New shadow energy secretary Nandy after Flint resigns

Caroline Flint has resigned as shadow energy secretary after four years paving the way for Lisa Nandy to fill her shoes. Despite controversy that Flint had left due to Jeremy Corbyn’s appointment as party leader – several other cabinet members resigned in protest – she claims her return to the back benches was a move […]

UK Energy’s Future: Fracking, Wind or Nuclear?

With growing concerns over ‘energy security’ amidst the imminent closures of coal-fired power stations, the effective moratorium on nuclear and the cynical view of renewables, fracking, in itself hugely controversial, has come to the forefront of public discussion with strong arguments on both sides of the debate. Yorkshire has been at the centre of discussion […]