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REA-Extra government steps needed to reach net zero

REA-Extra government steps needed to reach net zero: Even though improvement has been done in the decarbonisation of UK energy, net zero goals risk not being attained because of ‘gaps in policy & investment’. That’s the ruling coming from the Association for Renewable Energy and Clean Technology (REA), it believes that regardless of clean power…
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Renewable retail finance doubtful for mass capacity extras

Renewable retail finance doubtful for mass capacity extras: Merchant finance for renewables projects is unlikely to lead to mass capacity additions to the generation fleet, according to the latest insight paper from Cornwall Insight – Merchant renewables still face challenges. To gauge the market’s temperature, Cornwall Insight surveyed 258 individuals across the industry on what…
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Yorkshire Water initiates 2030 roadmap to net zero

Yorkshire Water initiates 2030 roadmap to net zero: Yorkshire Water has revealed its policy to attain net zero by 2030. Along with the help of an energy efficiency scheme, the water utility vows to lower its electricity use within 28% by the close of the decade. It further aims to deploy as much as 120MW…
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It may be possible to stabilise the grid with electric BMWs

It may be possible to stabilise the grid with electric BMWs: The biggest grid conductor in the Netherlands & Germany TenneT has begun a pilot study project to find the possibility of electric vehicles (EVs) in helping out grid stability. Almost 20 BMW i3 EVs were given to private customers as well as an additional…
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Cornwall is beginning to boil

Cornwall is beginning to boil A power plant that is located United Down Industrial Estate in Cornwall has rcently delivered what is being claimed as the UK’s very first geothermal steam using 175°C water which was extracted from 5.1 kilometres underground. This will be converted and hopefully be turned into approximately 3MWe of power which…
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Renewables Gas Guarantees of Origins certificate price fall

Renewables Gas Guarantees of Origins certificate price fall

Renewables Gas Guarantees of Origins certificate price fall: Results from Cornwall Insight‘s latest Green Certificates Survey indicate the price of Renewables Gas Guarantees of Origin (RGGO) certificates continues to fall. Relative to the March 2020 survey, the average reported RGGO price has fallen 30% to ~£6/MWh for 2019 vintage RGGOs and dropped 15% to ~£7/MWh…
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IRENA Price of renewable energy cheaper than fossil fuels

IRENA Price of renewable energy cheaper than fossil fuels: Almost 62% of whole renewable power generation that was added last year had reduced prices compared to the lowest new fossil fuel choices. A fresh paper by the International Renewable Energy Agency (IRENA) implies that prices of renewable energy technologies carried on falling  year-on-year in 2020…
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48.9GW of new renewables projects in the scoping stages

48.9GW of new renewables projects in the scoping stages

48.9GW of new renewables projects in the scoping stages: Renewables projects labelled as “scoping” currently represents 50% or 48.9GW of the total viable pipeline capacity*, according to the latest analysis from Cornwall Insight. Of this 48.9GW “scoping” total, 38.6GW is from offshore wind, 5.0GW from battery projects, 3.0GW from onshore wind and 1.5GW from solar…
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Solar sector expected to double but it needs to triple

Solar sector expected to double but it needs to triple The UK’s solar sector is expected to double in size by 2030 – however, to meet targets for net zero it is needed to triple, says Solar Energy UK. Solar Energy UK claims that 40GW of solar capacity needs to be in place by 2030…
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Market for new-build renewables doubtful to meet net zero

Market for new-build renewables doubtful to meet net zero: The current market and options available for new-build renewables are inadequate to keep the UK on track to its net zero target. According to National Grid Future Energy Scenario (FES), the UK needs approximately 87-113GW (scenario dependent) of renewables capacity by 2030 and 197-231GW by 2050.…
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