UK National Wealth Fund to ‘turbocharge’ green technology
The new National Wealth Fund will boost UK investment in green technology, according to business and trade secretary Jonathan Reynolds.
PM vows to replicate success of East Anglia Two offshore wind farm
Ministers said while speaking at the International Investment Summit today that the new government will turbocharge investment in green energy technologies and rip up red tape.
How can energy help achieve ‘national security’?
Energy secretary Ed Miliband told industry at the EnergyUK conference in September that reaching net zero, which the government wants to achieve by 2030, will be a matter of “national security”.
Starmer hails billions of pounds of investment pledges ahead of summit
Prime Minister Keir Starmer said on Thursday that the government has secured more than £24 billion of private investment in domestic clean energy projects ahead of next week’s investment summit.
UK unveils ‘cap-and-floor’ scheme to bolster energy storage
The UK government has today launched a new scheme designed to leverage investment in long-term energy storage capacity, which will operate as a ‘cap-and-floor' mechanism.
Energy unions, climate groups urge Treasury to ring-fence £1.9bn for ‘just transition’
Energy unions and climate groups have joined forces to urge Chancellor Rachel Reeves to invest £1.9 billion a year in the energy transition.
RWE appoints Kent to scope offshore substation at Five Estuaries
Developer RWE Renewables UK has hired energy services provider Kent PLC to plan a high-voltage offshore substation platform for the Five Estuaries Offshore Wind Farm off the Suffolk and Essex coast.