A group of clean tech start-up companies backed by the Net Zero Technology Centre (NZTC) have attracted over £1million of funding including cash prizes from major oil and gas firms
Highview Power announced on June 13 that it had secured a £300 million investment to build a liquid air energy storage (LAES) plant in Carrington, Manchester, Northwest England.
The Labour Party released its election manifesto promising a “phased and responsible” transition in the North Sea and pledged to make Britain a “clean energy superpower”.
Construction and engineering firm Costain announced on June 12 that it had been selected by Wales & West Utilities (WWU) to lead a study exploring the integration of hydrogen refuelling stations into the UK’s existing natural gas network.
Other countries are “the winners of the energy transition” as low carbon projects in the UK are stalled by government red tape, an energy boss has warned.
Octopus Energy funds have taken a 40% stake in Simply Blue, a joint venture partner in an experimental floating wind farm off the coast of Aberdeenshire.
Danish wind farm giant Ørsted (ORSTED.CO) has revealed plans to install a Tesla (TSLA.O) battery storage system at its Hornsea 3 wind farm in East Anglia.
The Conservatives have been accused of failing to seize the “economic opportunity of the century” with a manifesto that pledges a pragmatic approach to net zero.
In a small step toward realising the decarbonising potential of hydrogen, developer Hexla and British climate tech firm Levidian have announced a world-first example of carbon-negative hydrogen production at Worthy Farm in Somerset – home to the world-famous Glastonbury Festival.
Siemens Energy AG (DE:ENR) has told customers it plans to produce its biggest wind turbine, potentially toward the end of the decade, as the company seeks to maintain its lead in one of the fastest-growing energy sectors.
Norway’s Equinor ASA (NYSE:EQNR) is in advanced talks to become a key investor in German hydrogen startup HH2E AG in an effort to diversify its energy production, according to people familiar with the matter.