The government has doubled funding for the installation of on-street EV charging points.
Ofgem has opened a consultation on 12 requests for funding adjustments totalling £322 million under the RIIO-ED1 price control.
The government is exploring new funding models for nuclear and Carbon Capture Usage and Storage (CCUS) projects, announcing up to £18 million for the development of small modular reactors (SMR).
SSE Enterprise has secured a £3.4 million government grant for a scheme to provide EV charging for drivers without off-street parking.
Electric vehicle (EV) charging projects focusing on wireless charging and solar forecourts are set to receive a share of government funding totalling £37 million.
Over £20 million will fund the installation of 800 new charge points across Scotland in a bid to increase the country’s EV uptake.
Innovate UK and French energy giant Engie have teamed up to launch a £4 million competition to help fund projects at the forefront of the energy transition.
UK battery storage firm Zenobe has become the latest to bring an end-to-end EV solution to market, announcing up to £120 million of funding for bus fleets.
Infrastructure fund manager Zouk Capital is expanding its EV portfolio, taking a majority stake in Italian e-mobility firm BE Power.