Ofgem and Innovate UK plough £9.7m into net zero projects
The Office of Gas and Electricity Markets (Ofgem) and Innovate UK have announced the awarding of a further £9.7 million of SIF funding to 21 round 3 alpha projects that will be addressing challenges from network planning and connecting renewable energy sources to the grid, to managing demand and long-term energy storage. All projects aim to provide consumers with a cost-effective, […]
£450 million project to improve school buildings begins
Over 1,000 school building improvement projects have received a green light as part of plans to boost the condition of the school estate, with energy efficiency a key goal. 859 academies, sixth-form colleges and voluntary aided schools every region of the country will receive a share of a £456 million pot created to help refurbish […]
Natural carbon capture projects catch £4.3m funding
Six pioneering nature projects across England have received major funding award to trial the most effective ways to capture carbon and mitigate the impacts of climate change. Nature Based Solutions for Climate Change at the Landscape Scale is a partnership led by Natural England with the Environment Agency, the Forestry Commission and Royal Botanic Gardens […]
UK investors and wealth managers increasing their allocation to renewables
Research from Downing LLP (Downing) has revealed a dramatic increase in focus on renewables from UK pension funds, other institutional investors and wealth managers. Downing offers both institutional and retail investors the opportunity to invest in renewable energy and other infrastructure in the UK and northern Europe. Its survey of 100 UK professional investors, who […]
UK biomass sector receives government funding worth £26 million
Innovative biomass projects across the UK can now bid for a share of £26 million as the government ramps up plans to boost the use of materials such as grasses, hemp and seaweed to help the UK reach net zero. Biomass refers to sustainably derived plant material that could be used as fuel to produce […]
Glasgow hydrogen storage project gets green light
A ‘first-of-a-kind’ hydrogen storage project near Glasgow has been backed by nearly £10 million in UK government funding, which it says will help create high-skilled jobs and drive progress towards decarbonising the UK transport sector. The £9.4 million cash boost will see the Whitelee green hydrogen project develop the UK’s largest electrolyser, a system which converts […]
£60m Swansea Bay City Region low carbon initiative approved
The UK and Welsh Governments have approved the £58.7 million Swansea Bay City Deal’s Supporting Innovation and Low Carbon Growth programme. The programme’s aim is to help establish the Swansea Bay City Region as a leader in low carbon growth and the green economy. Close collaboration with industry, government and academia is key to its […]
UK Government white paper sets out plans for clean energy system
The UK government has set out what it calls an ‘ambitious plan’ to clean up the country’s energy system, support up to 220,000 jobs, and keep bills affordable as the transition to net zero by 2050 continues. The Energy White Paper sets out specific steps the government will take over the next decade to cut […]
EDF doubles down on energy storage with PowerUp investment
Cleantech sector startup PowerUp has completed a new round of funding worth €5m from Supernova Invest, business angels, and the EDF Group. Founded in 2017, France-based PowerUp has developed a breakthrough technology based on more than ten years of research by CEA-LITEN (innovation laboratory for new energy technologies), as well as on a total of […]
UK businesses pledge £3bn to back British hydrogen
The UK could see more than £3 billion invested in the emerging hydrogen sector as more businesses step forward to pledge funding – but only if PM Boris Johnson backs the low-carbon fuel. Earlier this year, cross-industry group Hydrogen Strategy Now said its members were ready to pump £1.5bn into the UK hydrogen economy. The group […]