The government is to invest £10 million in a new UK Centre for Greening Finance, with physical hubs in Leeds and London. These research hubs will provide data and analytics to financial institutions and services such as banks, lenders, investors…

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BEUS wants to identify carbon capture and storage (CCUS) clusters by August that may be eligible for government support for deployment by the mid 2020s and allow for a final investment decision in the first half of 2022. It is…

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A ‘Sandbox’ proposal to trial a new metering solution in. a live’ market environment is under consultation until 26 February. Emergent Energy is a renewable energy supplier that specialises in microgrids (residential private wire networks) in the social housing sector.…

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Renewable infrastructure fund Greencoat UK Wind is seeking to raise up to £198M by issuing shares institutional investors at 131p per share. The fund  invests in operating UK wind farms, with exposure to offshore limited to 40% of Gross Asset Value (currently 30%).…

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Rainbow Rare Earths has reported positive results in sampling for neodymium and praseodymium at its Phalaborwa site in South Africa.  The materials are among so-called ‘rare earths’ that are vital components of the  permanent magnets used in wind turbines and other generatorsand there are…

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The government has set the reserve price for carbon emissions at £22 in the first auction in the new UK Emissions Trading Scheme. Auctioning will start no later than Q2 2021. The government said that reserve price would be fixed until “it is…

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Covid-19 has delayed a project to use geothermal energy to provide district heating in Stoke-on-Trent, developer iGas said in a trading update. iGas took on the 14MW deep geothermal project in the Etruria Valley, Stoke-on-Trent  when it acquired GT Energy last…

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Wales is set to speed up carbon reduction in its economy and commit to an independent Net Zero target by 2050. Announcing new regulations and a legally binding target, Lesley Griffith AM, minister for environment, energy and rural affairs, said…

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Battery electric vehicle registrations surged in January, according to the Society of Motor Manufacturers and Traders (SMMT). There were 6240 BHEVs registered during the month, compared with 4054 in January 2020. In contrast – and also due to the effect…

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Weir Minerals says that since December its foundry has been monetising 1MW of its energy flexibility by participating in the fast-acting Dynamic Firm Frequency Response (DFFR) scheme run by NGESO. The foundry has been using GridBeyond’s platform, Point, to enter the…

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