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The UK Financial Conduct Authority closed an investigation into Drax power plant’s sustainability claims, concluding there was insufficient evidence to pursue further action after an extensive review.
Great Britain’s grid operator issued a second emergency call this week for additional electricity supplies as a severe heatwave strained the nation’s power system, requiring expensive imports from continental Europe.
Great Britain’s electricity network upgrade costs for the 2030s have risen to nearly £90bn, up 50% from earlier estimates, according to the government’s energy system operator.
A consortium led by Polish billionaire Michał Sołowow plans to invest £35 billion in building 14 small modular nuclear reactors across three UK sites, potentially powering millions of homes.
The North Sea oil industry appeals to incoming UK Prime Minister Andy Burnham, requesting approval for new drilling in British waters to support energy security and reindustrialization efforts.
The European Commission proposed reforms to the EU’s carbon market on 17 July that would slow emissions cuts from 2031 onward and extend free allowances to companies, potentially allowing billions of additional tonnes of emissions.
