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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

” The budget statement “predictably majored on pre-election giveaways political dividing lines”, said Ashden policy lead Will Walter, adding that it “will do nothing for those living in cold, damp, expensive to heat homes or for local authorities struggling to provide basic services.” A pivotal deal?

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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.

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Nuclear enabled hydrogen – how it helps to reach net zero

Smart Energy International

Last but not least, nuclear enabled hydrogen, like other forms of hydrogen, offers benefits and roles across the energy system, from decarbonising the gas grid to synfuels for aviation and shipping. 400GW nuclear globally. UK 40GW vision. Sign up to our newsletter and stay informed.

Hydrogen 105
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Multi-trillion dollar opportunity: BNEF charts course to a net zero global energy system

Business Green

And bioenergy also has a key role to play in decarbonising aviation and shipping, with sustainable aviation fuels (SAF) needing to account for 18 per cent of aircraft fuel by the end of the decade, according to the analysis. Hydrogen, CCS, and nuclear.

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

Business Green

Previous reports have suggested the Chancellor has pushed back against colleagues' plans to significantly expand the UK's fleet of nuclear power stations , and has questioned the value for money of additional solar and onshore wind development. Nuclear costs continue?to There are now question?marks

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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. Investment in this sector is simply throwing good money after bad.