Last week it was great to be a speaker at the British Chinese Energy Association event “Away from the coal face and towards the light – renewables from a practitioner’s point of view” in London. In a packed day with great hospitality from the hosts (Smith & Williamson Financial Services in Moorgate) I enjoyed presenting to an audience of energy
Clean renewable home energy has an arch nemesis. It’s not (as some green narratives might suggest) powerful oil lobbies holding it back for the sake of profits though, it’s much more boring than that. The supervillain of clean energy is infrastructure: The electricity grids of the modern world are based on old fashioned technologies and ideas of how to ship
A couple of days ago, The Centre for Policy Studies released a report titled: Central Planning with Market Features: how renewable subsidies destroyed the UK electricity market. (You can read the report here). The UK press jumped onto this story and it’s fair to say I agree with the findings of the report. I have known the root cause of
A couple of days ago, The Centre for Policy Studies released a report titled: Central Planning with Market Features: how renewable subsidies destroyed the UK electricity market. (You can read the report here). The UK press jumped onto this story and it’s fair to say I agree with the findings of the report. I have known the root cause of
You’d be forgiven for thinking that green energy, electricity markets and politics appear complicated. A couple of weeks back we saw Greenpeace criticising the UK Government’s UK Export Finance scheme’s decision to loan $1bn in funding packages to a deal including Pemex (the Mexican oil group) calling the coalition government’s green credentials into doubt. Last week German electricity giant (and
Good news from Solar 350 this week as NASDAQ listed Chinese renewables investors gave the “green light” for two of our 100MW solar development projects in the S. Atacama desert, Chile. (You can learn more about this project in detail in our EIS Investors section here). Never satisfied, Solar 350’s MD Nick Dimmock set off on a mini trade mission
Last week the UK Government announced the winners (and losers) in the UK’s first Green Energy CfD (Contracts for Difference) auction. This will be remembered as a turning point in green energy policy, the landmark beginning-of-the-end of indirect subsidies. In total, around £4bn has been awarded to 27 green energy projects (compared to £16bn spent in the old indirect subsidy