On 21 April 2021, the European Commission published the final Delegated Act (DA) under the EU taxonomy as part of the wider EU sustainable finance package. The key goal of the package is to provide tools for investors to identify sustainable investment opportunities and to direct finance towards the European Green Deal.
As part of global decarbonization initiatives, there is a clear need to substantially increase power generation levels in order to electrify – directly or indirectly – other parts of the energy system, particularly through displacing fossil fuels in industry, heating and transport. In the UK, the Committee on Climate Change…