UK spent £350m on new gas power despite nearing fossil phase-out
UK energy policy is pulling in two directions: this week’s T-4 Capacity Market auction conflicts with calls for gas phase-out.
Drax received more than £800m in biomass subsidies last year – with no obvious climate benefit
Today’s financial report from Drax, Europe’s largest biomass power generator, shows the extraordinary scale of the public subsidies the company is receiving.
The Drax gas plant is dead – but others remain
A UK commitment to phase-out gas by 2035 will avoid wasting more public money.
Milestone Reached as Renewables Overtake Fossil Fuels in the UK
UK wind power and low demand pushed fossil gas to a 5-year low, as UK reaches a major green power milestone.
New UK carbon market risks a carbon price half that of the EU
The UK government can offer businesses more certainty by increasing the UK ETS carbon price floor – ahead of alignment with net zero.
UK Wind Power Pushes Fossil Gas to 5-Year Low
Latest UK power sector data shows that the UK grid is accelerating towards a 2035 gas phase-out, with wind power replacing fossil gas.