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Brexit

‘Energy storage is not enough, a renewables grid needs flexible gas back-up’

The managing director of London-based energy infrastructure company Statera has told pv magazine a clean energy grid in the U.K. will require as much flexible gas plant capacity as battery storage.

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UK developer confirms no new large scale projects any time soon

Foresight Solar and Infrastructure has celebrated encouraging returns from nine months of activity but that is down to acquiring existing solar assets with the nation’s ground mount sector in the doldrums since public subsidies were halted in April 2017.

IEEFA joins calls for policy clarity about UK’s net zero ambition

An energy finance consultant from the international thinktank has added his voice to demands Theresa May, or her successor, spell out exactly how the decarbonization target will be met, and cited failings on solar as a warning on how not to proceed.

PV industry calls for clarity on UK government’s 2050 emissions target

Representatives of the UK solar industry have praised prime minister Theresa May’s plan to amend the 2008 Climate Change Act with a 2050 net zero emissions target while urging the government to articulate how it will achieve its goal. In particular, the industry has pointed to the need to eliminate barriers that continue to hinder deployment of solar and battery storage systems.

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U.K. government announces 2050 carbon neutrality ambition

Leaving with a last hurrah, Brexit casualty prime minister Theresa May has announced a statutory instrument to amend the Climate Change Act of 2008. The law currently prescribes an emissions cut of 80% by 2050, from a 1990 baseline. The new law will aim for net zero emissions by 2050, making the U.K. the first G7 nation to pass such legislation.

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Indian developer Azure Power turns a full year profit

A profit is a profit, even if it amounts to less than $2,000, and the NYSE-listed developer appears to have turned the corner after a $14,700 loss a year ago. Borrowings are on the rise though, as the company plans to drum up an ever larger project portfolio.

US-China trade war may lead to dumping of Chinese steel into India

The contraction in Chinese trade flows to the U.S. is likely to result in the dumping in India of Far Eastern electronic and electrical components as well as steel, iron, chemicals and plastic products.

UK mulls 15% rise in VAT rates that would hit residential solar and storage

Having declared a climate emergency last week, the U.K. government is considering raising VAT rates from 5% to 20% on ‘energy saving materials’ in the home. While the tax authorities are blaming Europe, trade body the REA has pointed out the 5% rate would still apply for coal used for domestic heating.

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Interview: CellCube president Stefan Schauss on Brexit’s impact on the British storage industry

Vanadium redox flow battery supplier Cellcube spoke to pv magazine about the latest political developments in the U.K. and what the effects on storage could be.

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EU issues £1.9 million grant to Britain for PV and energy efficiency

The UK cities of Bristol and Plymouth and the county of Devon will get £1.9 million to develop energy efficiency, sustainability, and clean energy projects. Bristol in 2014 received a £50 million grant to accelerate its plans to be carbon neutral by 2050. Devon has ambitious plans of becoming 80% carbon neutral by the same date.

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