UK energy policy is pulling in two directions: this week’s T-4 Capacity Market auction conflicts with calls for gas phase-out.
Today’s financial report from Drax, Europe’s largest biomass power generator, shows the extraordinary scale of the public subsidies the company is receiving.
A UK commitment to phase-out gas by 2035 will avoid wasting more public money.
UK wind power and low demand pushed fossil gas to a 5-year low, as UK reaches a major green power milestone.
The UK government can offer businesses more certainty by increasing the UK ETS carbon price floor – ahead of alignment with net zero.
Latest UK power sector data shows that the UK grid is accelerating towards a 2035 gas phase-out, with wind power replacing fossil gas.