The UK Government has confirmed that plans to end unabated fossil fuelled electricity generation by 2035, floated by Boris Johnson at the Conservative Party Conference, will be enshrined in law. Johnson first floated the commitment on Monday (4 October) during a visit to a Network Rail site. It was then reiterated by Business and Energy Secretary Kwasi Kwarteng as the Conference progressed. The Department for Business, Energy and Industrial Strategy (BEIS) confirmed late on Thursday (7 October) that the commitment is being formalised. The Department had already set out plans to deliver a net-zero power system by 2050 through the Energy White Paper last year, but was facing pressure to develop specific and more ambitious targets for electricity, from industry, green groups and on the international stage; the US recently backed a 2035 target for a 100% clean electricity grid, and Canada has a similar ambition.
Edie 8th Oct 2021 read more »
A cabinet minister has been accused of making misleading claims about a £1.2bn cable project linked to a Conservative donor. Almost one in 10 Conservative MPs had taken money from firms linked to Viktor Fedotov, revealed in the Pandora papers to have secretly co-owned a company once accused of participating in a massive corruption scheme. One of those firms included Aquind. Labour highlighted that the business secretary, Kwasi Kwarteng, had said he was supportive of the project in a 2019 letter released under freedom of information, despite Kwarteng saying on Sunday he had never voiced support. A source at the Department for Business, Energy and Industrial Strategy said the letter was part of a proposal for cross-border infrastructure schemes to the “EU projects of common interest” (PCI) register, which included Aquind as one of four interconnector projects. The source said the planning decision was separate and quasi-judicial and proposing the project to the PCI did not mean it would be approved. Kwarteng is due to decide whether to approve the project this week. Aquind and other businesses owned by Fedotov have given £700,000 to the Conservatives. Another donor, Alexander Temerko, who is the public face of Aquind, has also publicly donated over £700,000 to the Conservatives.
Guardian 10th Oct 2021 read more »