budget

  • Commercial and market outlook

    Alert: Budget 2021

    Chancellor Rishi Sunak delivered his Budget on 3 March, a year on from the start of the COVID-19 crisis and his second in the job. Headline announcements included, among others, a sovereign green bond, the UK Infrastructure Bank, a freeze in Carbon Price Support and £20mn for floating offshore wind....

  • Regulation and policy

    Getting it done? What the Budget means for energy and clean growth

    New Chancellor Rishi Sunak has delivered his first Budget after less than a month in the job. On areas such as the living wage, growth and investment, Sunak said again and again that the government is “getting it done!” However, there was relatively little news in the speech on what...

  • Regulation and policy

    Editor’s Pick Ireland | Government’s €6 hike in carbon tax sees a mixed response

    This article was originally published on 12 November 2019 in Energy Spectrum Ireland.  Minister for Communications, Climate Action and Environment Richard Bruton and Minister of State Sean Canney have unveiled the details of Budget 2020. Issued on 8 October, the budget highlights the government’s decision to raise the price of carbon to...

  • Regulation and policy

    Budget Alert 2018

    Headlines Chancellor Philip Hammond delivered the government’s Budget on Monday 29 October. The principal changes are: Clarity on carbon pricing, with the CPS rate frozen and a no deal Brexit carbon price confirmedConfirmation of a rebalancing of Climate Change Levy ratesReform of Enhanced Capital Allowances to boost electric vehicle infrastructure...

  • Low carbon generation

    Low-carbon levy costs to peak later than government expects

    Cornwall Insight's new paper - Static Electricity: New Controls for Low Carbon Levies - has found that despite the efforts to control the costs of supporting low-carbon deployment, a continued overspend is locked in well into the next decade. Alongside the 2017 Autumn Budget the government issued details of a...