Ofgem will allow £64 million of additional funding requests from distribution network operators (DNOs) for rail electrification, street works and site security.
The Committee on Climate Change (CCC) has issued a call to HM Treasury to ensure the costs of reaching net zero are distributed evenly, revealing it will publish its advice on the sixth carbon budget earlier than expected.
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.