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Renewables opportunities after COVID-19 future snapshot

Renewables opportunities after COVID-19 future snapshot: The latest report from SmartestEnergy picks up where their Annual Energy Entrepreneurs report series left off, discovering that despite dwindling subsidy-support and construction delays caused by COVID-19, independent generation continued to deploy 75.4MW of capacity in 2020. According to the report, the future remains positive for independent renewables deployment,…
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Up to 9,000 jobs cut by Shell by end of 2022

Up to 9,000 jobs cut by Shell by end of 2022: A jobs cut of between 7,000 and 9,000 has been announced by Royal Dutch Shell by the end of 2022, as a result of the challenges brought about by the coronavirus pandemic. The oil giant said that this forms part of plans to reduce…
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Q220 energy switching rates fall again

Q220 energy switching rates fall again: In the second quarter of 2020 the number of customers switching energy supplier has continued to fall. Ofgem’s latest figures state, which suggest electricity transfers decreased between the second quarter of 2019 and the second quarter of 2020 by 13.1%. Compared to 1,531,000 in the same quarter of 2019,…
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The ROC market risks being oversupplied

The ROC (Renewables Obligation Certificate) market risks being oversupplied: Forecasts from Cornwall Insight highlight the Renewable Obligation Certificates (ROCs) supply and demand gap will be narrower in the 2020-21 compliance period than in previous years, due to lower overall electricity demand expectations. In fact, there is a material risk of ROCs being oversupplied should certain…
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‘Race to win’ against climate change call

‘Race to win’ against climate change call: 300 GB Olympians and Paralympians, including 37 Olympic and Paralympic Champions are supporting a letter that has been sent to Prime Minister Boris Johnson, urging him in the recovery from the coronavirus pandemic to prioritise the environment. Sir Steve Redgrave, Sir Mo Farah and Paula Radcliffe are among…
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Prince Charles says ‘climate crisis could dwarf coronavirus’

Prince Charles says ‘climate crisis could dwarf coronavirus’: The climate crisis could ‘dwarf’ the impact of the coronavirus pandemic warns Prince Charles, if there is no ‘immediate action’ and a ‘Marshall Plan’ is not implemented to protect nature, people and the planet. HRH the Prince of Wales whilst delivering an address at the opening ceremony…
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