Investing in Low Carbon Energy
The UK Government has a legal commitment to deliver net zero by 2050. It has also set a target to decarbonise the power system by 2035. A report published by the House of Lords’ Economic Affairs Committee examines steps needed to meet these targets, particularly how the capital needed can be mobilised to ensure an Read the full article…
Landmark Energy Security Bill
The landmark Energy Security Bill, announced as part of the Queen’s Speech, will be introduced into Parliament today by Business and Energy Secretary Kwasi Kwarteng. Measures set to be introduced include: Support for the deployment of low carbon technologies at scale such as carbon, capture, usage and storage (CCUS) and hydrogen. Encouragement for the deployment Read the full article…
UK Government Seeks Views on ‘GGR’ Business Model
The Department for Business, Energy & Industrial Strategy (BEIS) is seeking views on its initial proposals for a business model to attract private investment and enable Greenhouse Gas Removal (GGR) projects to be deployed at scale from the mid-to-late 2020s. As recently highlighted by the CCC, GGR technologies are set to play an increasingly important Read the full article…