Doubts cast on Argentina’s renewable goals

Argentina’s plan to install more than 9GW of renewables by 2025 could prove too ambitious. That’s according to a new report from S&P Global Ratings, which says bringing renewable generation capacity to 20% could prove a struggle due to the country’s weakened credibility following its economic collapse in 2001. The report suggests Argentina may encounter […]

UK energy policy changes ‘spooking investors’

The sudden policy changes in the UK energy industry have dented investor confidence. The warning from MPs come as they believe there is still “increased nervousness” among some investors looking at energy projects. The government has made a series of policy announcements over the course of summer 2015, which raised questions about plans for meeting […]

New inquiry into UK energy sector launched

An inquiry to find out if increased uncertainty around energy policy is undermining investor confidence has been launched. The Energy and Climate Change Committee will be investigating the factors that contribute to investor confidence in the industry. It aims to understand how DECC’s policy-making process could impact the decisions of investors. The committee is inviting […]

Europe needs major investment for stable energy system

European utilities will have to invest around €1 trillion (£0.86tr) by the end of the decade in new infrastructure to ensure the region has a good supply of energy. That’s according to analysts at IHS, which claims the investment climate has deteriorated significantly in the last year and threatens the region’s green agenda. ‘The Energy […]

UK oil and gas investment at 30 year high

The UK continental shelf (UKCS) is now benefitting from “record investment”, with more than £8 billion announced in the last six months alone. A new report suggests oil and gas investment rose to £11.4 billion last year – believed to be the highest for more than thirty years – and is expected to rise even […]

CBI calls for ‘urgent’ 2030 carbon target

The UK’s leading business organisation has called for Europe to adopt a 2030 carbon target as a matter of urgency. The CBI said there should be political agreement on a new European energy and climate change package by 2014 for the “future” of the EU Emissions Trading System (EU ETS). Under the EU ETS, businesses […]

Biomass ‘key’ for UK’s renewable energy future

Biomass could play a key role in meeting the UK’s energy challenges but this will depend on the Government’s energy reforms. The Government has estimated biomass could contribute up to 21% of the UK’s 2020 renewable energy targets but a new report by Deloitte suggests it could go much further. The business advisory firm claims […]

Investor confidence needed for low carbon Britain

The UK Government needs to maintain investor confidence for a low carbon future for Britain, according to power companies. RWE npower said it is important for investors to have confidence to help deliver an efficient and workable energy system and to maximise prosperity for UK consumers. The comment was made as the Energy and Climate […]