Green business warning on “unworkable” electricity market reforms
On Tuesday 15 May the Guardian reported that the UK’s leading renewable energy companies have written a letter to energy and climate change secretary Ed Davey, warning that the Energy Bill could both deter investment in renewables and lead to higher prices for consumers. The companies argued that the proposals are “too complex” and will make it harder for the UK to meet its renewable goals, and they are urging Davey to make major changes to the policy.
DECC deciding on delays to solar power tariff cuts
On Wednesday 16 May climate change minister Greg Barker confirmed that DECC could delay the reductions in the solar feed-in tariffs that were scheduled to begin this July. On Thursday 17 May the Solar Trade Association (STA) said that DECC’s decision to review the scheduled cuts offers the industry an opportunity to “reignite” the solar market. STA, Good Energy and Greenpeace issued a joint press release speaking out in support of solar.
Hague wants help for boosting green growth
The Guardian reported on Wednesday 16 May that foreign secretary William Hague has told cabinet colleagues, in a private letter, that the government should be doing more to help green industries boost the UK economy. Hague warned that the UK risks falling behind its rivals and that stronger leadership was needed with much more to be done on the UK’s low carbon strategy.
Potential of climate change policies to halve impact of energy price shocks
Commenting on the “Fossil fuel price shocks and a low carbon economy” report produced by Oxford Economics, Ed Davey said on Friday 18 May that “The more we can shift to alternative fuels, and use energy efficiently, the more we can ensure that our economy does not become hostage to far-flung events and to the volatility of market forces". Davey cited the impact that last year’s Arab Spring had on increasing household energy bills by 20%. Writing for Huffington Post UK this week, Juliet Davenport outlined Good Energy’s own research into the issue of where the UK’s electricity comes from, and how according to our figures, the UK relies on almost 40 countries across the globe for fuel to produce electricity, with only 43% of fuel coming from the UK's own resources.