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Saturday 24 March 2018
24 March 2018 - NEWS UPDATE

MPs urge Big Six energy companies to be more transparent

The 'Big Six' energy companies should be required to report on how much electricity have bought from or sold to themselves, in an effort to increase transparency and competition in the energy market and restore consumer trust, MPs on the Energy and Climate Change Committee have said in a new report.


Renewable energy study shows marine sector has more confidence in the future

Marine energy companies are more positive about the future while the largest investments are expected in the offshore wind, according to the Wind & Marine Energy Business Barometer annual survey. And mostly all companies questioned for the report are firmly of the belief that government policy should show more support and consistency.


Retailer Marks and Spencer tops FTSE 100 on carbon reporting

Retailer Marks and Spencer has topped a research league table that analysed the extent and depth of carbon measurement and reporting at all the UK's FTSE 100 list of leading companies. The independent report confirmed High Street chain M&S had reinforced its position as a global leader on taking carbon management seriously.


EU launches anti-subsidy probe on Chinese PV panels

The European trade association that initiated the complaint about China's subsidised export of solar panels has today welcomed news of the official investigation. The European Commission formally accepted EU ProSun's anti-subsidy complaint against China filed on 25 September, and will launch an immediate inquiry.


CBI highlights “champion” green sector to boost UK's industrial sector

The CBI insists the UK's green technology sector must be at the heart of an industrial strategy to rebalance the UK economy towards business investment and trade. In a report published today, the influential business group sets out a joined-up approach to implementing a UK industrial strategy that could boost exports by £30bn.


Oil and gas companies target EU vote on shale gas regulations

Oil and gas companies from the United States and across Europe have launched an all-out campaign to prevent EU-wide rules for the developing shale gas industry, according to a new report from Corporate Europe Observatory. MEPs are expected to vote on whether the EU should introduce new regulations later this month.


MPs call for evidence on latest Severn Barrage scheme

The Energy and Climate Change Committee is calling for evidence on the latest Severn Barrage plan. MPs want to investigate whether the Cardiff-Weston project is sustainable for taxpayers and the environment.


Hitachi announces plans for up to six new UK nuclear plants with creation of 12,000 jobs

Up to 12,000 jobs are to be created at Wylfa and Oldbury in Gloucestershire following the announcement that Hitachi is to build between four and six new nuclear plants in the UK. The announcement follows the Japanese technology firm's acquisition of Horizon Nuclear Power, the venture set up in 2009 by RWE and E.ON.


The Oldbury nuclear plant in South Gloucestershire