All round, it has been an interesting week for the U.K. to say the least, and the energy sector was no exception. In addition to the country’s All-Party Parliamentary Group for Renewable and Sustainable Energy (PRASEG) organizing a debate on the Capacity Market; a forum in London discussed grid operator’s flexibility; and a new report was released claiming a hard Brexit would add millions to consumer electricity bills.
Twelve signatories from the energy and consumer goods industry have sent an open letter to the EU and U.K., calling for continued cooperation after Brexit to protect both consumer, and business, interests. The document highlights the importance of tariff-free electricity trading as intermittent renewable energy will require a higher degree of market integration.
As the second anniversary of Britain’s vote to leave the EU approaches, the nature of the UK’s future energy relationship with the bloc is still very much unclear
Unpicking the energy ties that bind the U.K. and European Union will prove a monumental task, says Chatham House, requiring immediate insight into which relationships can be salvaged and how a new level of integration can be reached.
No Trump, no Musk: just a week filled with excellent technological breakthroughs, encouraging acquisitions and market growth, and just a hint of Brexit-themed fake news. But the good kind.
The British government is assessing ways to scrap pledges made to hit 2020 clean energy targets without incurring any penalties, reports Bloomberg, in a first sign of the country reneging on mandatory environmental action made under EU membership.
The two-facial module can be angled to ensure Brexit-supporting homeowners only harvest solar energy intended for the British Isles. 350 watt and ‘actual power’ versions available.
Data from Bloomberg reveals doubling in trading volume of leading U.K.-listed solar funds since last June’s EU referendum as the weaker pound and higher power prices makes solar investment more attractive.
Following the UK’s referendum result to exit the European Union, news from the country emerges at a speed that is hard to monitor and last week the energy community discussed EDF’s call for a final decision regarding a new U.K. nuclear plant. Adding to the Brexit gloom and the anticipation of EDF’s decision this week is the certainty the U.K. solar industry can expect nothing other than a zero subsidy future.
The United Kingdom of England, Wales, Scotland and Northern Ireland has voted in yesterdays referendum to end its membership in the European Union. What does this mean for the country’s renewable energy sector?
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