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...But we can’t make it work, unless the economics change.” Sanquhar II, about 50 miles south of Glasgow and the company’s largest project, was intended to be fully up and running in early 2026....
...Rachel Reeves delivered the Mais Lecture last night....
...Some funds will probably get back to a premium but some funds won’t and there’ll be pressure to wind those up.”...
...For starters, I want to tell them, the biggest coffee on the menu isn’t necessarily the strongest. You see, unless you’re ordering a filter coffee, espresso will form the basis of most cups....
...She says that too much work is insecure, and that hard work doesn’t always pay enough. I don’t disagree....
...“But that has gone now and we don’t have any intention of bringing that back.”...
...And, with that, this gorgeously lush musical from Anaïs Mitchell and Rachel Chavkin announces its intent. Retelling the story of Orpheus and Eurydice can’t be about delivering a happy ending....
...“Keir didn’t want to give it up,” admitted one shadow minister....
...You can't go through the difficult starting phase, and then the cost curve, and you can't do that everywhere? And we will not have enough volume....
...Referring to the reliance on wind and solar power in the right weather conditions, Sunak said Britain would reach the government’s 2035 target in a “sustainable way that doesn’t leave people without energy...
...“The reality is we don’t have many auction rounds left to play around with. It’s incumbent on the government to recognise that we are behind where we should be and we have some catching to do.”...
...“We still don’t have mature floating platform concepts,” he said. “I think there are quite a few indicators that, at least at scale, floating will be on a somewhat later time[frame].”...
...Without public confidence, net zero won’t be delivered,” he added. Additional reporting by Gill Plimmer...
...Energy executives and lobbyists have been jostling for space at Labour’s business events in recent months, keen to make sure they don’t miss out on Rachel Reeves’ charm offensive....
...“But we mustn’t get too complacent. Our energy system is still walking a tightrope, and we cannot be sure another political or economic crisis won’t send bills straight back up.”...
...(To find out just how complicated, try this addictive game in which you can pretend to be a control room operator — I couldn’t keep the lights on beyond 2pm.)...
...Doug Parr, policy director at Greenpeace UK, said households “shouldn’t be expected to pay a penny more” to support Drax....
...David Whitehouse, chief executive of OEUK, said: “Labour either can’t do the maths or haven’t considered the alarming jobs impact that will be felt up and down the country.”...
...She warned of the risk that “either we don’t have a resilient energy supply, or we have a resilient energy supply that costs far more than it needed to”....
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...“The French don’t have many levers here but the CGN issue is a very real one,” a third person close to the talks said....
...The pledge to invest £28bn a year in low-carbon infrastructure, announced by shadow chancellor Rachel Reeves in 2021, is coming into sharp focus as this year’s general election draws closer....
...Rival Vattenfall in July halted work on its 1.4GW Norfolk Boreas project in the North Sea, which was also among the five winning contracts, arguing it “simply didn’t make sense to continue” given a 40 per...
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