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Assured Energy Outlook: Issue 33 - Jun 2019

Government to set target for net zero by 2050

On 12 June, Prime Minister Theresa May announced that the government would lay legislation to implement a target for the UK to achieve net zero emissions by 2050. This will amend the Climate Change Act 2008. The Prime Minister also urged other economies to follow the UK’s lead and set their own targets.

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Chamber welcomes Assured Energy as new patron

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Energy broker, Assured Energy, has become the latest patron of East Midlands Chamber.

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Assured Energy Outlook: Issue 33 - Jun 2019

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Government to set target for net zero by 2050

On 12 June, Prime Minister Theresa May announced that the government would lay legislation to implement a target for the UK to achieve net zero emissions by 2050. This will amend the Climate Change Act 2008. The Prime Minister also urged other economies to follow the UK’s lead and set their own targets.

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Assured Energy Outlook: Issue 32 - May 2019

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Committee on Climate Change: UK should set 2050 net zero greenhouse gas emissions target

The Committee on Climate Change (CCC), the independent advisory group, has recommended that the UK achieve net zero greenhouse gas (GHG) emissions by 2050 in a new report published on 2 May.

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Assured Energy Outlook: Issue 31 - April 2019

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European Commission confirms Capacity Market investigation

The European Commission confirmed that it would be undertaking a full investigation of the Capacity Market (CM), the scheme which guarantees the UK’s security of supply.

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Assured Energy Outlook: Issue 30 - March 2019

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 Government to consult on further technical amendments to Capacity Market

The government has launched a new consultation on proposed further technical amendments to the Capacity Market (CM) to keep it “running smoothly during the standstill period”. The standstill period has been in effect since the November 2018 ruling by the General Court of the European Court of Justice (ECJ) that the scheme violated state aid rules.

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Assured Energy Outlook: Issue 29 - February 2019

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European Commission to appeal Capacity Market suspension

The European Commission (EC) has lodged an appeal against the decision to suspend payments under the Capacity Market (CM).

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