Future nuclear power stations in Britain will funded using the Regulated Asset Base (RAB) mechanism, the government has revealed.
Energy secretary Kwasi Kwarteng revealed that the Nuclear Energy (Financing) Bill will pave the way for the RAB funding mechanism to be used on large scale nuclear power projects. The RAB finance…
Plans for a £1.7bn renewable energy project on Swansea's waterfront have been unveiled.
The Blue Eden scheme includes a 9.5km-long breakwater wall as part of a tidal lagoon, floating solar panels and would also include a battery factory and a data centre run on renewable energy. It is the third such…
The future of the UK's nuclear power production has become somewhat clearer following the publication of the government's Net Zero Strategy.
The government has long committed to investing in one more large scale nuclear power plant and has again reiterated its commitment to securing a final investment decision by the end…
Concerns have been raised by senior railway industry figures over the lack of attention given to rail electrification in the government’s Net Zero Strategy.
As reported last week, the exceptionally slow rate of rail electrification in the UK risks undermining the government and Network Rail’s pledges for the network to be…
The government has set out its pathway to achieving net zero carbon emissions in its much-anticipated Net Zero Strategy.
Building on the Prime Minister’s 10 Point Plan and Energy White Paper, the UK Net Zero Strategy sets out a cross-sector plan for how British businesses and consumers will be supported in…
Prime minister Boris Johnson has announced a new partnership between the UK government and Bill Gates’ Breakthrough Energy Catalyst that will drive investment into the next generation of clean energy technologies.
Revealed at the Global Investment Summit alongside the announcement of £10bn of foreign investment to UK green projects, the partnership…
Prime minister Boris Johnson has revealed that deals with foreign investors worth £9.7bn have been secured for UK green energy projects.
The government last week revealed that it had secured £5.8bn foreign investment for green projects since the announcement of its 10 point plan, but today unveils the full list of…
Aecom has been drafted in to lead the development of consents and permits in the first phase of the ambitious Humber Zero carbon capture project.
The Humber Region is the UK’s largest industrial cluster by CO2 emissions, generating 12.4MT annually. The Humber Zero project aims to remove 8MT a year by…
More than £5.8bn of foreign investment in green projects has been secured since the launch of the prime minister Boris Johnson’s 10 Point Plan, along with at least 56,000 jobs in the UK’s clean industries.
This major green investment boost has been revealed in new data released by the Department for…
Dutch geo-data specialist Fugro will provide floating wind lidar measurements to Energinet for the development of the world’s first offshore artificial energy island.
The island - currently being built on behalf of the Danish government - will serve as a green power plant, gathering electricity from the surrounding offshore wind farms…
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