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Green day unravelled: Pundits respond to policy package

Envirotec Magazine

An apocalyptic “meh” seemed to greet the government’s bumper package of energy- and climate-related policy announcements and documents released on 30 March, which appeared short on new ideas and sources of funding. We need meaningful investment and we need it now,” said Claire Mack, chief executive of the trade body.

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£3.4 billion ‘electricity superhighway’ will speed up energy projects delivery, says OFGEM

Envirotec Magazine

OFGEM has announced it is consulting on a proposed funding package of £3.4 billion for a subsea and underground 500km electricity superhighway between Scotland and Yorkshire which could power up to 2 million homes. The new framework accelerates the project funding process by up to two years, said the energy regulator.

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Are businesses ready for the plastic packaging tax?

Envirotec Magazine

With less than a year to go until the Plastic Packaging Tax is introduced in the UK, a study by Veolia appears to show that 83% of businesses asked were NOT aware of the tax. The Plastic Packaging Tax is Government policy aiming to directly increase plastic recycling in the UK and cut carbon emissions. However, challenges remain.

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Leap Lands Investment Package to Grow Behind-the-Meter Load Flexibility Business

GreenTechMedia

Thursday’s equity investment was led by Union Square Partners, the first energy investment for the Boston-based venture firm; it was joined by existing investors including Congruent Ventures, SunPower co-founder Tom Dinwoodie, former SunPower CEO Howard Wenger, and Grid Singularity founder and CEO Ewald Hesse.

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Europe’s Demand for Electric Cars May Get a Jolt from COVID-19 Response

GreenTechMedia

Far from depressing the market, the response to the COVID-19 outbreak looks set to accelerate the take-up of electric vehicles across Europe. where monthly data is available from the Society of Motor Manufacturers and Traders (SMMT), battery electric vehicles are performing well. More expensive cars are eligible for a smaller package.

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UK Struggles With Problem from the Future: Sagging Power Demand and Surging Renewables

GreenTechMedia

Smart electric vehicle charging and other flexibility services could have saved British billpayers £133 million ($104 million) this summer, power companies claim, as the U.K. Low electricity demand during the COVID-19 lockdown and ever-increasing wind and solar capacities have seen U.K. National Grid ESO, the U.K.

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SEF Weekly: $369bn US clean energy package and energy interconnection

Smart Energy International

Additionally, an AI-powered inspection platform bolsters electric asset health maintenance, Elia Group illustrates expedited energy transition investments and a politically charged interconnector reaches financial closure. podcast episode about the package and the industry’s response.