€27M for Renewable Energy Policy in Nigeria

A grant of €27 million will be invested into enabling framework conditions for renewable energy and energy efficiency in Nigeria, as part of a programme “Energising Access to Sustainable Energy” (EASE), the European Commission announced on 4th of July.

Onshore wind subsidy lowered by 10%

The subsidy for onshore wind energy generation is to be cut by 10%, the government has announced.

The Treasury is thought to have favoured a larger cut of up to 25%.

It is one of a number of cuts which the Department for Energy and Climate Change said should encourage up to £25bn in new investment in energy generation between 2013 and 2017.

The measures should also reduce the impact on household energy bills, it said, saving £5-£6 a year on average.