The Energy Networks Association (ENA) and Ofgem have called on UK industries to support low carbon innovation in a bid to accelerate net zero ambitions.
Energy UK has criticised proposals to impose a revenue cap on low carbon energy generators with it potentially hindering the investment that is needed to safeguard the UK’s energy security and reduce energy bills.
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.
West Burton in Nottinghamshire has been selected as the home for the UK’s first fusion energy plant being developed as part of the Government-backed Spherical Tokamak for Energy Production (STEP) project.
An expert group has concluded that the biggest challenges this decade to decarbonisation is the mobilisation of the huge quantities of investment required to scale low-carbon generation, storage and networks.
A rise in the cost of energy has had a severe impact on the transition of small and medium enterprises (SMEs) in their pursuits of lowering carbon emissions and adopting green technologies.
Western Power Distribution (WPD) has revealed a project designed to support planners in the management of load when connecting low-carbon technologies.
Nuclear energy projects have received a £3.3 million funding boost from the UK Government aiming to support the development of an advanced modular reactor (AMR).