At E.ON, E.ON Next, and npower Business Solutions, we welcome the UK Prime Minister’s comment on creating GB Energy and boosting support for offshore wind energy. Offshore wind is not only a cost-effective generation technology but also essential in our fight against the climate crisis. This strong move by the government underscores the vital role energy must play in our national growth strategy. Chris Norbury, Chief Executive of E.ON UK said: “It’s great to see this strong and ambitious move by the government to create GB Energy and back renewable technologies. As well as being a supporter and partner in these big infrastructure projects we’ll continue to champion the need for us all to work together to unlock the biggest benefits for customers by focusing on ambitious reforms to the energy market and accelerate electrification. Only this will ensure the increase in renewable generation benefits the country as a whole and ensure the energy transition is a powerful force for good and for growth.” Department for Energy Security and Net Zero https://lnkd.in/eW-3k4Pr #WindEnergy #ClimateCrisis #Environmental #Playmaker
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David Shankey, Deputy Director-General Energy, Department of Energy and Public Works, Queensland Government, will be joining the Australia Wind Energy 2024 Strategic Summit as a Keynote Speaker from 10-11 July 2024. David Shankey was appointed Deputy Director-General of the Energy Division in the Department of Energy and Public Works in August 2021. David led the division as it delivered Queensland’s 15-year Energy and Jobs Plan, the most significant and challenging energy reform agenda in the State’s history. The plan provides the strategy for Queensland to move from coal fired to #renewable generation within ten years while reducing carbon emissions from the energy sector by 90%. It also sets out the initiatives needed to manage the social impacts of the changes associated with the transition. Queensland is the first State to articulate an infrastructure pathway out of coal and positions the State as a global leader in this field. ➡️ Find out who will be attending AuWE 2024: https://lnkd.in/gu-n5pp7 🎫 Join the industry #AuWE2024: https://lnkd.in/gGXwjTR #AuWE2024 #WindEnergy #OnshoreWind #OffshoreWind #RenewableEnergy #EnergyTransition #Australia
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Major Boost for UK Clean Energy: Government Unveils £60bn Great British Energy Bill In a landmark move, the UK government has launched the Great British Energy Bill, committing £60 billion to revolutionise the UK's energy sector. Announced in the King’s Speech, this initiative includes £8.3 billion allocated over this parliament to establish a new public energy company, Great British Energy. This effort is set to enhance energy security, create green jobs, and reduce energy costs. Partnering with the Crown Estate, the plan includes developing up to 30GW of offshore wind capacity, accelerating the transition to clean power. https://lnkd.in/eryWr53p #GBEnergy #UKgovernment #netzero #decarbonise #sustainability #UK #UKEnergy
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The UK government has unveiled the Great British Energy Bill, establishing a new public-owned company dedicated to clean energy projects. This initiative will receive £8.3 billion ($10.7 billion) in funding over the next five years, sourced from a windfall tax on oil and gas companies. Energy Security and Net Zero Secretary for the British Department for Energy Security and Net Zero, Ed Miliband stated, “Great British Energy comes from a simple idea – that the British people should own and benefit from our natural resources.” In partnership with local authorities and the Crown Estate, this initiative aims to bring 20-30GW of new offshore wind projects to the seabed lease stage by 2030, potentially leveraging up to £60 billion in private investment. This effort is a significant step towards achieving the UK’s clean energy goals and reducing energy bills. Prime Minister Keir Starmer commented, “This innovative partnership is an important step toward our mission for clean energy by 2030, and bringing down energy bills for good.” Read more about this, here: https://lnkd.in/d2s8whj8 #CleanEnergy #GreatBritishEnergy #RenewableEnergy #UKEnergy #Sustainability #GreenFuture #OffshoreWind #EnergyTransition #IndustryLink #IndustryNews
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📣 This is big news for the renewables industry and it's something we've been campaigning for this year. Read the full statement from EDF Renewables CEO Matthieu Hue: “Today’s announcement on the Administrative Strike Price levels is very welcome news, and is a step in the right direction to putting the UK back at the forefront of renewable deployment. The Contract for Difference is fundamentally a good mechanism, and a sustainable administrative strike price will drive investor confidence, economic growth and lower electricity bills. It is encouraging that the concerns raised by ourselves and the rest of the industry in recent months have been listened to and we look forward to seeing further detail on the budget parameters over the coming year to match the ambition of today’s announcement. The framework set out in relation to floating wind places us in a strong position to start to realise the many benefits that this emerging technology offers. The most advanced projects, such as our Blyth 2 Demonstrator, will enable the UK to secure a head start in the global race to develop floating wind.” 🔗 http://ow.ly/TyfT10524uP #OffshoreWind #FLOW #AcceleratingCleanEnergy #AR6 #CfD
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Enterprising Sales Professional specialising in PPA , CPPA and Wholesale Energy activity at Inspired PLC , Industry Advocate at WUN (Womans Utility Network) and I am Remarkable Facilitator
📣 This is big news for the renewables industry and it's something we've been campaigning for this year. Read the full statement from EDF Renewables CEO Matthieu Hue: “Today’s announcement on the Administrative Strike Price levels is very welcome news, and is a step in the right direction to putting the UK back at the forefront of renewable deployment. The Contract for Difference is fundamentally a good mechanism, and a sustainable administrative strike price will drive investor confidence, economic growth and lower electricity bills. It is encouraging that the concerns raised by ourselves and the rest of the industry in recent months have been listened to and we look forward to seeing further detail on the budget parameters over the coming year to match the ambition of today’s announcement. The framework set out in relation to floating wind places us in a strong position to start to realise the many benefits that this emerging technology offers. The most advanced projects, such as our Blyth 2 Demonstrator, will enable the UK to secure a head start in the global race to develop floating wind.” 🔗 http://ow.ly/TyfT10524uP #OffshoreWind #FLOW #AcceleratingCleanEnergy #AR6 #CfD
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📣 This is big news for the renewables industry and it's something we've been campaigning for this year. Read the full statement from EDF Renewables CEO Matthieu Hue: “Today’s announcement on the Administrative Strike Price levels is very welcome news, and is a step in the right direction to putting the UK back at the forefront of renewable deployment. The Contract for Difference is fundamentally a good mechanism, and a sustainable administrative strike price will drive investor confidence, economic growth and lower electricity bills. It is encouraging that the concerns raised by ourselves and the rest of the industry in recent months have been listened to and we look forward to seeing further detail on the budget parameters over the coming year to match the ambition of today’s announcement. The framework set out in relation to floating wind places us in a strong position to start to realise the many benefits that this emerging technology offers. The most advanced projects, such as our Blyth 2 Demonstrator, will enable the UK to secure a head start in the global race to develop floating wind.” 🔗 http://ow.ly/TyfT10524uP #OffshoreWind #FLOW #AcceleratingCleanEnergy #AR6 #CfD
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UK Prime Minister Keir Starmer and Welsh First Minister Eluned Morgan have joined forces to accelerate Britain's transition to clean energy, marking a new era of cooperation between Westminster and Cardiff. The two leaders met at a wind farm in West Wales to announce their shared vision for a greener, more energy-independent future. A #cleanenergy #energyindependence #EnergySecurity #energysuperpower #GreatBritishEnergy #greenjobs #offshorewind #renewableelectricity #Welshrenewables #thxnews
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💡 New Partnership in the UK's Clean Energy Sector 🌊 -The UK Government has announced a partnership between Great British Energy and The Crown Estate. -This collaboration aims to attract up to £60 billion in private investment to boost the UK's energy sector. -Great British Energy will receive £8.3 billion for clean power projects throughout the UK. -The Energy Secretary has lifted the ban on onshore wind and made cheap solar energy available, enhancing clean energy efforts. -The partnership is expected to produce 20-30 GW of offshore wind projects by 2030, capable of powering nearly 20 million homes. -The Crown Estate, managing £16 billion in assets, will contribute expertise and new investment powers. -Great British Energy will offer industrial policy and investment, reducing risk for developers and accelerating construction. Let's power the future together! ⚡️ #RenewableEnergy #UKEnergy #CleanPower #OffshoreWind
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The UK: Wind Powerhouse or Missed Opportunity? A new report by IPPR suggests the UK is falling behind in capitalizing on its offshore wind potential. While our country boasts a strong wind market, it lacks the manufacturing muscle to truly dominate the industry. Here's the crux: The UK lags behind European counterparts in manufacturing key wind farm components. This translates to missed economic opportunities - billions in potential revenue and thousands of jobs. But there's a silver lining! The UK has a unique chance to become a leader in wind manufacturing. Imagine the UK not just generating clean energy from wind, but exporting its expertise and technology - a true green power player! Do you think the UK government should prioritize boosting domestic wind farm manufacturing? What steps would be most effective? #renewableenergy #offshorewind #manufacturing #ukeconomy
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𝗨𝗞 𝗕𝗼𝗼𝘀𝘁𝘀 𝗦𝗶𝘅𝘁𝗵 𝗖𝗳𝗗 𝗔𝘂𝗰𝘁𝗶𝗼𝗻 𝗕𝘂𝗱𝗴𝗲𝘁, 𝗘𝗮𝗿𝗺𝗮𝗿𝗸𝘀 𝗚𝗕𝗣 𝟭.𝟭 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗳𝗼𝗿 𝗢𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝗪𝗶𝗻𝗱 🌊 The UK government has increased the budget for Allocation Round 6 (AR6) to GBP 1.5 billion, with GBP 1.1 billion dedicated to offshore wind, a 50% increase from the previously set budget in March. The new budget, announced by Energy Secretary Ed Miliband, marks a GBP 500 million increase over the previous government's funding. This decision aligns with the Labour government's target of 60 GW by 2030, including 55 GW for fixed-bottom and 5 GW for floating offshore wind. “Offshore wind is critical to hitting the government’s 2030 target, and this funding boost is a significant step towards achieving it,” said Emma Pinchbeck, Chief Executive of Energy UK. The AR6 auction, set for August, aims to reverse last year's outcome, where no offshore wind projects were secured. Great news for the UK's clean energy future! 🌍💨 #UKEnergy #OffshoreWind #RenewableEnergy #CfD #GreenEnergy #Sustainability #RoCConsult #EnergyTransition #CleanPower #Infrastructure
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