Industry News Roundup November 2020

Friday 13/11 – Ofgem published notice of its proposal to revoke the Final Order that was issued to Symbio Energy on 28 October. Tesco launches a new partnership with renewable energy investor, Low Carbon to develop three new solar farms in the UK.

Thursday 12/11 – Energy and Clean Growth Minister Kwasi Kwarteng tells MPs that the Energy White Paper will be published either at the end of November or the beginning of December. SSE announces 2050 net zero commitment.

Wednesday 11/11 – The National Security and Investment Bill is introduced to Parliament, giving the government updated powers to scrutinise and intervene in investment, including in energy infrastructure, to protect national security. Mutualisation is triggered for the 2019-20 Renewables Obligation scheme, resulting in all suppliers paying for the shortfall of the scheme.

Tuesday 10/11 – Labour announces its plans for a £30bn green recovery including actions on energy efficiency, carbon capture, renewables generation and transport. The Net Zero All-Party Parliamentary Group publishes its Decarbonisation Report, setting out recommendations for the government, including to develop a clear and systematic net zero roadmap.

Monday 09/11 – The BBC reports that that Prime Minister Boris Johnson, the Chancellor and the Business Secretary will discuss nuclear power’s role in the UK's future energy strategy at a meeting this month. Centrica releases the findings of its large-scale flexibility trial, enabling businesses to warn rewards from changing their consumption habits.

Written By Graham Paul