Environment & Energy Blogs

Scrapping the scrappage scheme

Scrapping the scrappage scheme

It is welcome news that UK Government has dismissed reports that it was considering a scrappage scheme for petrol and diesel cars as a short-term economic stimulus measure. In a typical scrappage scheme, the government would pay car owners to scrap their current vehicle in return for credit against a new one, thereby stimulating the manufacturing sector. However, scrappage schemes are generally not a desirable policy, because they tend to be an inefficient use of public funds, work against the grain of transport decarbonisation, and send mixed price signals alongside Electric Vehicle subsidies.

Electricity markets under pressure

Electricity markets under pressure

The Coronavirus has challenged all sectors of the UK economy, and electricity markets have been no exception. Electricity demand is down by as much as 20%, causing periods of negative electricity prices and unprecedented strain on the Electricity System Operator (ESO), run by National Grid. The ESO is responsible for ensuring that the system can respond to lightning strikes and faults at power stations, and that power lines don’t become overloaded. To do this, the ESO takes “balancing actions”, paying to turn down some generators and paying to turn up others.

Net Zero needs a democratic mandate

Net Zero needs a democratic mandate

Related Content Net Zero will face a backlash if it doesn't attain a proper mandate - this election must give it one, argues Benedict McAleenan from Policy Exchange This article was originally published at BusinessGreen.com  Whether its 'Essex man', 'Mondeo man' or...

Are we really on the cusp of a ‘hydrogen economy’?

Are we really on the cusp of a ‘hydrogen economy’?

Hydrogen is making headlines again, but is the excitement justified? Josh Burke examines if we are really on the cusp of a ‘hydrogen economy’ and why the Government is right to target investment at lowering the high cost of producing large volumes of low carbon hydrogen.

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