UK

On Oct. 8, the European Commission (EC) decided that the state aid included in the Hinkley Point C nuclear plant construction proposal is compatible with European Union state aid rules. The approval allows key elements of the agreement between EDF Group and the UK government, including a guaranteed “strike price” of £92.50/MWh ($148.76/MWh) for power […]

S. Korea Extends Renewables Target Deadline. South Korea’s government on June 9 said it would push back the target for mandatory use of renewable energy by two years to ease requirements for the

The UK’s faltering plans to establish a carbon capture and storage (CCS) industry by the 2020s got a renewed boost in December as the government pledged to back the Drax Group’s White Rose project