Industry Insights & Government Policies
New Industrial Strategy Green Paper seeking business views
The British government is keen to shape the industrial strategy in partnership with industry. With Clean Energy named as one of the sector clusters, we invite you to respond to the consultationopens www.gov.uk in a new tab before the 24th November.
Downloadopens paas-s3-broker-prod-lon-8db94025-3db3-41df-9a2a-fbb251b24433.s3.amazonaws.com in a new tabThe National Wealth Fund will mobilise billions of pounds of investment in the UK’s world-leading clean energy and growth industries and support the delivery of the government’s new Industrial Strategy.
Downloadopens paas-s3-broker-prod-lon-8db94025-3db3-41df-9a2a-fbb251b24433.s3.amazonaws.com in a new tabThe Green Industries Growth Accelerator (GIGA) is a £960 million fund announced in Autumn 2023opens www.gov.uk in a new tab to support the expansion of strong and sustainable clean energy supply chains across the UK.
Downloadopens www.gov.uk in a new tabThis consultation seeks views on proposals for the design and administration of the UK carbon border adjustment mechanism from the 1st of January 2027.
Downloadopens www.gov.uk in a new tabThe Net Zero Investment Roadmap summarises government’s hydrogen policies and available investment opportunities.
Downloadopens www.gov.uk in a new tabNews & Updates
News - 29th October 2024
Rolls-Royce SMR and ČEZ Group partner to deploy SMRs in UK and Czechia
Rolls-Royce SMR and ČEZ Group have announced that they will join forces to deploy of Rolls-Royce SMR’s small modular reactor (SMR) technology, driving deep decarbonization and supporting the global transition to a sustainable energy future.
Learn moreopens www.rolls-royce-smr.com in a new tabPress Release - 10th October 2024
Tidalwave of clean energy investment worth billions unlocked ahead of Investment Summit
Thousands of jobs in green industries announced as the UK Government welcomes more than £24 billion of private investment for pioneering energy projects ahead of the International Investment Summit on 14th October.
Learn moreopens www.gov.uk in a new tabNews - 4th October 2024
UK government pledges £22bn for CCUS projects
It said the funding for two "carbon capture clusters" on Merseyside and Teesside, promised over the next 25 years, would create thousands of jobs, attract private investment and help the UK meet climate goals.
Learn moreopens www.bbc.co.uk in a new tabPress Release - 1st October 2024
The is the first major economy to phase out coal
The deadline to phase out coal from Great Britain's energy system has been brought forward by a whole year, highlighting the UK’s leadership to go further in driving down emissions and tackling climate change.
Learn moreopens www.gov.uk in a new tabPress Release - 13th September 2024
The is the first major economy to phase out coal
The deadline to phase out coal from Great Britain's energy system has been brought forward by a whole year, highlighting the UK’s leadership to go further in driving down emissions and tackling climate change.
Learn moreopens www.gov.uk in a new tabNews - 10th September 2024
UK Government's Renewable Energy Auction Boosts Clean Growth
The sixth round of the renewable energy auction saw the approval of 131 projects.
Learn moreopens www.gov.uk in a new tabPress release - 3 September 2024
Auction Round 6 results: A major boost for Clean Energy projects in the UK
The latest Contract for Difference Allocation Round 6 will add another 9.6 GW of renewable capacity to the UK. Cutting across technologies, this include offshore and onshore wind, solar, and tidal.
Learn moreopens www.gov.uk in a new tabPress Release - 25th July 2024
New Great British Energy partnership launched to turbocharge energy independence
Prime Minister Keir Starmer and Energy Secretary Ed Miliband announce first major partnership between Great British Energy and The Crown Estate to unleash billions of investment in clean power.
Learn moreopens www.gov.uk in a new tabPress release - 9th July 2024
National Wealth Fund (NWF) to unlock green growth investments.
The NWF will be given £7.3 billion in new funding to help the most energy intensive sectors to decarbonise: £1.8 billion to ports, £1.5 billion for gigafactories including for electric vehicles, £2.5 billion to clean steel, £1 billion for carbon capture and £500 million to green hydrogen.
Learn moreopens www.gov.uk in a new tabPress Release - 7th March 2024
Over £1 billion budget for renewable energy auction
Britain’s flagship renewables scheme has received its biggest ever funding boost from government, with more than £1 billion for its upcoming auction.
Learn moreopens www.gov.uk in a new tabNews - 1st March 2024
Boost for UK hydrogen as government backs world-leading industry
Low carbon hydrogen will get a further boost with over £21 million of government support for 7 projects to make green fuel, powering up local transport and businesses.
Learn moreopens www.gov.uk in a new tabNews - 14th February 2024
UK First Major Economy to Halve Emissions
The UK is over-delivering on its commitment to reduce emissions, having already slashed emissions by 50%.
Learn moreopens www.gov.uk in a new tabNews - 20th December 2023
Competitive Carbon Capture Market Follows £20 Billion Investment
The UK Government sets out plans for a new competitive UK carbon capture, usage and storage market by 2035.
Learn moreopens assets.publishing.service.gov.uk in a new tabNews - 18th December 2023
OFTO Tender Round 11 (TR11) and Enhanced Pre-Qualification (EPQ) Commencement
OFTO Tender Round 11 will bring to market the Offshore Transmission Owner asset associated with Dogger Bank B Offshore Wind Farm which is anticipated to have a value in the region of £1bn.
Learn moreopens events.teams.microsoft.com in a new tabNews - 14th December 2023
Major Boost for Hydrogen as UK Unlocks New Investment
UK Government is committing over £2bn to support successful projects in the first hydrogen allocation round (HAR1) through 15-year contracts.
Learn moreopens www.gov.uk in a new tabNews - 7/12/2023
The Crown Estate: Offshore Wind Leasing Round 5
The Crown Estate is launching Offshore Wind Leasing Round 5. This exciting new opportunity is expected to be the first phase of floating offshore wind development in the Celtic Sea.
Learn moreopens forms.office.com in a new tabNews - 30th November 2023
Reimagining a Net Zero North Sea: An Integrated Energy Vision for 2050
Up to £416bn investment is required over the next 30 years, creating a fantastic business opportunity.
Learn moreopens ore.catapult.org.uk in a new tabNews - 23 November 2023
Boost for UK Green Industries with £960 Million Government Investment
The UK Government sets out plans to speed up connections and increase grid capacity to boost energy security.
Learn moreopens www.gov.uk in a new tabNews - 23rd November 2023
UK Government Announces £4.5bn Advanced Manufacturing Funding
£960m for Green Industries Growth Accelerator to support carbon capture, utilisation and storage, electricity networks, hydrogen, nuclear, offshore wind.
Learn moreopens lnkd.in in a new tabNews - 16th November 2023
UK Government Increases Maximum Price for Offshore Wind Projects
Maximum price other renewables projects can receive in next Contracts for Difference (CfD) auction also raised.
Learn moreopens www.gov.uk in a new tabInsights & Stories
Tech scale-up Kavaken has forged its path from Istanbul to the United Kingdom, finding its niche in the vibrant city of Newcastle. With a strategic vision and a commitment to sustainable solutions, Kavaken has emerged at the forefront of innovation in the UK’s Cleantech sector.
The UK shares the same vision as our partners in Germany and the EU of transforming the North Sea into the green power hub of Europe. Current geopolitical developments - especially the Russian war of aggression against Ukraine - have shown us the importance of critical infrastructure for energy security.
In a key milestone towards delivering clean power by 2030, the latest auction round delivered 131 new green infrastructure projects. This makes it the biggest round ever with significant numbers for onshore wind, solar and tidal energy, which will power the equivalent of 11 million British homes.
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