The Net Zero Technology Centre (NZTC) has opened applications for its 2024 cohort of the TechX Accelerator programme offering up to £100,000 each to 12 low-carbon technology start-ups.
The energy sector has criticised the lack of focus within the Spring Budget on the development of renewables, energy efficiency and infrastructure, despite some technology support.
Following the early announcement of the extension of the Energy Price Guarantee (EPG) at the current rate of £,2500 for three months, there were only a few key energy focused elements to the Spring Budget.
The Net Zero Technology Centre (NZTC) has allocated £8 million in funding to support the development of 20 low-carbon technology projects via its 2022 Open Innovation Programme.
A new Energy Bill was announced today (10 May) as part of the Queen's Speech, to help the UK build a more secure, homegrown energy system that is both cleaner and more affordable.
If the UK meets its expanded renewable and nuclear targets, the country will have an oversupply of electricity more than half of the time by 2030, creating significant opportunities for flexible demand.
Following on from yesterday’s (7 April) energy security strategy, the government has launched a £375 million support package for nuclear, hydrogen and carbon capture, utilisation and storage (CCUS).