Tag: UK

ENG8’s EnergiCell latest milestone hits the news

ENG8 says it can generate five times as much power as it puts into its fusion energy process. This milestone has hit the news. Fusion energy specialist, ENG8, has demonstrated an electrical energy output five times greater than the energy used in this ground-breaking, independent validation at Culham Innovation Centre in Oxfordshire, one of the top five leading fusion centres in the world, and home to the UK’s Atomic Energy Authority.During each of the three tests, lasting approximately 10 minutes each, ENG8’s ‘EnergiCell’ consistently scored an electrical energy output of five – one unit of electrical energy in, and five units [...]

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Electrifying Developments at ENG8

Dear All, Please find the link to new article from ENG8 which will be hitting the press in the coming days. From their website: Electrifying Developments at ENG8 Ready On Linkedin: View on LinkedIn Please feel free to forward on. For further information: Download ENG8's Information Memorandum Kind Regards Nicholas Dimmock (BA MBA CASS)Managing Director350 PPM Ltd

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Energy security boost with multi-million backing for renewables

Energy Security Secretary Grant Shapps announces £22 million uplift for flagship scheme. £22 million boost for government’s flagship renewables scheme, making available contracts for renewable power generation potentially worth billions of pounds in total over the scheme’s lifetimefunding for established technologies such as solar and offshore wind, some of the cheapest domestic energy sources available, will ensure Britain remains a global leader in renewable energythe Contracts for Difference (CfD) scheme plays a key role in boosting the UK’s energy security, growing our economy and powering more of Britain from Britain A multi-million-pound boost for cleaner, more secure energy will make Britain the [...]

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One of UK’s biggest offshore wind farms gets the green light from Government – renewableUK

Plans for a wind farm off the Yorkshire coast capable of powering more than a million homes have been approved. Energy Secretary Grant Shapps granted consent for phase four of the Hornsea windfarm development on Wednesday. Commenting on the Government’s decision to approve Ørsted’s Hornsea Four offshore wind project off the coast of East Yorkshire, RenewableUK’s Executive Director of Policy Ana Musat said: “It’s great to see one of the UK’s largest offshore wind farms getting the green light from the Government, at a time when we urgently need to get cracking on building new clean energy projects to generate the cheapest power for billpayers [...]

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Top UK energy firms to warn Rishi Sunak: ‘Don’t back off green agenda’ – The Guardian

More than 100 companies are set to send a letter to the PM voicing fears about the disastrous effects of Britain’s overreliance on gas. More than 100 of the UK’s biggest energy companies will tell Rishi Sunak this week not to back off the green agenda after a report by the Office for Budget Responsibility (OBR) warned of catastrophic effects on the economy of continued overreliance on gas. The energy sector is becoming so alarmed at what it sees as the Sunak government’s mixed messages on switching to more renewable energy that big UK companies are ready to go public with a letter to Downing Street [...]

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Tighter limit on industrial, power and aviation emissions, as UK leads the way to net zero

The UK Emissions Trading Scheme Authority has announced a package of reforms to tighten limits on industrial, power and aviation emissions from 2024. UK power and industrial sectors to trailblaze the way to decarbonisation, as a tighter cap confirmed for emissions from selected high energy industries that will set a path to the country’s ambitious climate goals. Today a package of reforms has been announced by the UK Emissions Trading Scheme Authority (UK ETS) – the joint body comprising the UK Government, Scottish Government, Welsh Government and the Department of Agriculture, Environment and Rural Affairs in Northern Ireland that runs the scheme. The scheme [...]

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UK Energy Trends – Statistical Report – 1st Quarter 2023

Department for Energy Security and Net Zero has published the statistical report on the UK energy trends for the 1st quarter of 2023. Renewable generation reached a record share of 47.8 per cent of total generation, up from 5.8 per cent in the same quarter of 2010. Renewable generation was boosted with a new offshore wind record of 19.2 per cent upfrom 0.6 per cent in the same quarter of 2010.Final consumption of energy dropped on the same period last year. On an adjusted basis that reflects seasonal and temperature trends, industrial consumption was down 11 per cent, and consumption by [...]

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Investor Update Q1 2023

Dear All Please find below update on companies we are currently working with: Organic Heat Exchangers: O-Hx is the inventor of EnergiVault; a hybrid cooling and Cold Energy Storage System, that can reduce the costs and carbon emissions of industrial cooling by up to 80%. Energivault is being officially launched on the 15th and then the push for commercial sales starts, assisted by real world savings which will be beamed directly to our website. Overall, we are 6 months behind where we should be but delays in small company development are to be expected. For investors, O-Hx has just funded at £0.32, a 400% [...]

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UK ministers review bidding process for funding new renewable energy projects – The Guardian

Ministers are considering an overhaul of the bidding process to fund new renewable energy projects in an effort to create green jobs, amid Joe Biden’s subsidy race. The government said on Monday it has begun a review of the “contracts for difference” (CfD) scheme, which is used to determine the price of electricity from offshore wind and solar farms, with the aim of adding factors such as how many jobs they create to the regular auctions. The move comes partially in response to the net zero review by the former energy minister Chris Skidmore and amid a global race to provide greater subsidies for [...]

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UK ‘must act now on renewable energy or risk being left behind’ – The Guardian

Government needs to introduce new ambitious energy policies before next general election, advisers say Ministers must take control of the UK’s energy system, removing the barriers to planning permission and problems with the national electricity grid, to build the windfarms and other renewable power needed to meet net-zero goals, government advisers have warned. Chris Stark, chief executive of the committee on climate change, the statutory adviser, said the task was too urgent to wait until after a general election, expected within the next 18 months. “It would be an enormous mistake to wait until the next general election to introduce new ambitious [...]

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