Chancellor unveils govt’s green technology scheme with swipe at Joe Biden
Chancellor Jeremy Hunt unveiled the first step of the Government's response to the US' multibillion-dollar investment in green technology with a swipe at Joe Biden.
Inflation Reduction Act (IRA)
UK must learn ‘urgent lessons’ to avoid losing global green race, says thinktank
The UK is being left behind in the race to develop and deploy green technologies because of an unwillingness to invest in its industrial strategy, a leading thinktank has said.
UK in talks with US to limit damage from wave of green subsidies
The British government is in talks with the United States and European Union to prevent potential trade barriers from harming its position in the green-energy race.
US’ IRA major pull for Topsoe’s energy transition interest
The challenge over the next 10 years will be in scaling up SAF production. Green hydrogen production is relatively niche, as yet. “A lack of green power and electrolysis capacity, this will not make a dent” in the projected SAF demand.
Shell would ‘think twice’ about investment in the UK
Shell (LON: SHEL) CEO Wael Sawan has warned that the US is more attractive for investment than the firm’s home base of the UK.
Commissioning Egypt Green seeks to seize hydrogen advantage
Fertiglobe has begun commissioning the first phase of its Egypt Green hydrogen plant in a high-profile ceremony involving Egyptian President Abdel Fattah El-Sisi.
Contracts, scale and pipelines – challenges for hydrogen ahead
A number of key uncertainties remain over the deployment of hydrogen, but one point of agreement from Adipec this week has been the need for long-term contracts.