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UK Expands Investor Outreach for Sizewell C Nuclear Project…

The UK government is engaging with additional investors beyond the primary bidders for a stake in the Sizewell C nuclear facility as it works to finalise financing.

These talks come as the UK seeks to modernise its energy infrastructure by 2030. The timeline for funding has shifted, with a final investment decision now expected by spring 2025 instead of late 2024.

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GLEG UK Energy Market Update…

UK Energy Market Summary to FRIDAY 13th December 2024
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Denmark’s Offshore Wind Tender Faces Challenges as Industry Stalls

Denmark’s latest offshore wind farm tender in the North Sea ended without any bids, signalling a troubling moment for the global offshore wind industry, according to a report by Reuters.

The Danish Energy Agency plans to engage with industry stakeholders to better understand the lack of interest in what was the country’s largest offshore wind offering to date. Launched in April 2024, the tender proposed six sites with a total capacity of up to 10 GW—three in the North Sea and three in the Baltic and Kattegat, a marine area between Norway, Denmark, and Sweden. However, no subsidies were offered, and the bid deadline for the North Sea sites passed on December 5, 2024, without any proposals. The Baltic and Kattegat sites remain open until April 1, 2025.

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GLEG UK Energy Market Update

UK Energy Market Summary to Friday 29th November 2024
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Gazprom Intends To Cease Gas Transit Through Ukraine After 2024…

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GLEG UK Energy Market Update

UK Energy Market Summary to Friday 22nd November 2024
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COP29-Final Round Up…

From 11th to 22nd November, Azerbaijan has hosted COP29 – the United Nations 29th annual global climate change conference. Here is a brief summary of the daily negotiations:

Day 1-2: November 11th-12th

The conference kicked off with the World Leaders Climate Action Summit, emphasising the urgency of more ambitious climate strategies. The discussions highlighted the need for enhanced climate adaptation, particularly in vulnerable regions like Africa. Major announcements included calls for investment in Africa’s green transition and enhanced support for early warning systems.

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European Gas Withdrawals Escalate…

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Proposals For 840MW Solar Facility In The UK

Photovoltaic Development Partners has submitted plans to the Planning Inspectorate for an 840MW solar facility in Oxfordshire, UK. Once completed, the Botley West project will become the largest solar farm in the country, with the capacity to power 330,000 homes—equivalent to supplying electricity for every household in the county.

In 2019, Oxfordshire County Council declared a climate emergency, and the region’s electricity grid remains one of the most carbon-intensive in the UK. This project is expected to significantly boost green energy production, create jobs, enhance biodiversity, and provide grazing areas currently used for intensive agriculture.

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GLEG UK Energy Market Update…

UK Energy Market Summary to Friday 15th November 2024