On the 11th February 2020 The International Energy Agency released their report showing that energy related global carbon emissions were unchanged year on year in 2019 at 33 gigatonnes.
On the 9th December for the first time in history, the UK experienced a negative day ahead trading prices for 03:00AM to 04:00AM delivery on the hourly day-ahead auction dropping to -£2.84/MWh.
It has been reported that UK electricity users could be asked to pay up-front for a new nuclear power plant that has been suggested by EDF at Sizewell in Suffolk. Currently, the projected construction costs are in the region of £20b.
The UK have committed to becoming carbon neutral by 2050, this target to supersede the current measure of 80% by 2050 set in 2008 through the Climate Change Act.
German owned Eon have announced that they will provide 3.3M homes in the UK with 100% renewable energy in response to the growing concerns to the effects fossil fuels are having with respect to Climate Change.