Rethinking the Unaffordable, authored together with the Economic Policy Centre takes an inquisitive look at the assumptions underpinning the Green Transition Plan.
This report is KPMG’s annual review of M&A activity within the renewable energy sector; it takes a look at the changes and trends in the sector to provide insight on where the market is heading.
The energy industry in the UK is facing a series of challenges with increasing demand for electricity, the need to decarbonise energy and a challenging economic environment for investment.
Germany and other European governments have set ambitious targets for renewable energies. In Germany this has recently been underlined by the German government's energy concept in September 2010 which highlights the key role of offshore wind in the overall energy mix for the future. A new KPMG report comes to the conclusion that these targets are at risk as long as the current framework is not changed, as it impacts the financing of such projects. Which actions can be taken to enable the breakthrough of offshore wind projects in Germany?
The UK's Energy strategy for the future is one of the toughest challenges currently facing the new coalition government. North Sea production in many areas has passed its peak, the UK has stretching targets for emissions and large chunks of our energy infrastructure need replacing. KPMG has been vocal around many of the issues facing the energy sector and will be joining other key commentators at the CBI 2010 Energy Conference to debate how to meet the immense challenges.
The UK risks missing its carbon emission targets without early and radical reform of the electricity markets. According to an in-depth study by KPMG, reform is needed to provide a framework to secure large scale private sector investment in nuclear energy.