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Macquarie consortium to buy controlling stake in Britain's gas network from National Grid

Business Green

Investors eye major role for hydrogen in decarbonising UK's gas and energy system after deal valuing business at £9.6bn. National Grid's 7,660-kilometre transmission system plays a critical role in the UK energy landscape, transporting the gas needed to heat homes and power industry and electricity generation.

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? Copper’s the new gold rush #184

Climate Tech VC

  KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition.    In deals, geologic hydrogen digs up $245m, $181m across six EV deals, and Brookfield’s $10bn climate transition fund.

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Global Briefing: Coronavirus crisis will have 'negligible' impact on emissions without green recovery, study warns

Business Green

Climate Home News reported this week on plans from India's Power and Renewable Energy Ministry to imposedutires of up to 25 per cent on solar modules and 15 per cent on cells imported from China and Malaysia. Germany advances plans for green hydrogen hub. The report analysed a number of recovery scenarios.

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The Net Zero Review: Everything businesses need to know

Business Green

It is a far from unsurprising message from Skidmore, who having signed the 2050 target into law, has long been a staunch advocate for an ambitious net zero agenda. Net zero policy and delivery clarity - A recurring theme in the Review is the call for Ministers to provide greater transparency around how the net zero transition is proceeding.

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A tale of missing 'E's: The green economy reacts to the Spring Statement

Business Green

But players across the green economy were quick to point out the government's package of policies and tax changes was notably bereft of focus on three other critical 'E's that are planks of a prosperous economy: environment, energy, and efficiency. Here, BusinessGreen rounds up all of the reaction from the green economy.

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Everything you need to know about the UK's landmark Energy White Paper

Business Green

After several delays spanning at least a year, the government has finally unveiled vision for a future net zero energy system - here are the eight things you need to know about the long-awaited Energy White Paper. Nuclear projects - large, small, and fusion - are part of the net zero vision.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Energy & industry. Weaker residential construction activity cooled the HVAC sector, and heat pump sales bore the brunt at a 16% decline compared to 2022.  Happy Monday!  Manufacturing.