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Hitachi ditches UK nuclear power projects

Business Green

Hitachi has officially scrapped plans to build new nuclear power plants at Wylfa on Anglesey and Oldbury in Gloucestershire amid ongoing struggles to drum-up additional financing for the high profile projects, it confirmed today, dealing another major blow to the nuclear industry's ambitions in the UK.

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Crumbs of consolation? What the budget offered

Envirotec Magazine

Decarbonizing these modes of transport received an apparent boost with a £270 million joint investment in technologies for zero-carbon aircraft and automotive. Nuclear energy received attention commensurate with its status as “a critical part of the government’s plan for delivering energy security and a decarbonised power sector”.

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Nuclear enabled hydrogen – how it helps to reach net zero

Smart Energy International

Nuclear enabled hydrogen is zero carbon, has low cost energy input, is large scale and offers co-location synergy and energy system connectivity. That is according to a new position paper from the UK Hydrogen and Fuel Cell Association (UKHFCA) on the role of nuclear enabled hydrogen in delivering net zero. Have you read?

Hydrogen 105
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Grant Shapps hints at action on nuclear and renewables in pursuit of 'cheapest energy in Europe'

Business Green

Let's have Britain with the cheapest energy in Europe… The most successful economies in the world are the ones that have cheap energy prices." He also highlighted how the government was committed to securing private sector capital to deliver the new Sizewell C nuclear plant. That's what I'm going to be all about.

Europe 69
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Major hydrogen initiatives underway at US Department of Energy

Renewable Energy World

Hydrogen can be produced from a variety of resources, such as natural gas, nuclear power, biomass, and renewable power like solar and wind. million from the Office of Fossil Energy and Carbon Management (FECM). For example, Iberdrola is building the largest plant producing green hydrogen for industrial use in Europe.

Hydrogen 114
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Multi-trillion dollar opportunity: BNEF charts course to a net zero global energy system

Business Green

A rapid shift away from fossil fuels is also needed alongside a major ramp up in renewable electricity capacity - largely provided by wind and solar projects - which will form the backbone of the future energy system, while development of hydrogen, carbon capture and new modular nuclear technologies is also crucial, the report warned.

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Energy Security Strategy: Nuclear and hydrogen tipped for big wins, but will Treasury block efficiency plans?

Business Green

BEIS and Number 10 wanted to inject roughly £200m of public funds into the scheme annually in order to boost the number of homes that could be retrofitted each year, arguing the approach would help reduce energy bills, curb gas imports, and cut carbon emissions, while delivering significant economic and health benefits.