Welcome to our UK Government updates round-up where we bring you the latest news relevant to the Energy & Utilities sector.
The Government have announced a £375 million package for innovative energy technologies that will power British homes and businesses for decades to come. This includes £240 million to support the production of hydrogen, £2.5 million to support nuclear technology and £5 million towards research into carbon capture.
This roadmap outlines key opportunities to invest in CCUS in the UK. It summarises the current engagement of the Government and industry and outlines further opportunities to deliver on national CCUS objectives in collaboration with investors.
The Government has now published its response to its call for evidence on possible legislative changes to enable the delivery of a hydrogen grid conversion trial.
Ofgem are redeveloping their Renewables and CHP Register to provide a new register that is easier to use and fit for purpose going forwards. The new system will be called the Renewable Electricity Register and will launch in Q3 2022/2023.
The Government has now published its response to its call for evidence seeking views on proposed reforms to competition and consumer policy for strong free markets, vigorous competition and high consumer standards that drive growth and productivity. There were 188 responses to the consultation from a wide range of stakeholders.
A new Zero Emission Flight Delivery Group has been launched to focus on catapulting the latest innovations in aviation decarbonisation technology.
The Government has now published its response on the multi-purpose interconnector (MPI) section of its call for evidence seeking views on a new enduring regime for windfarm development and offshore transmission. The second response addressing the Enduring Regime section will be published later in 2022.
Decision to approve SEC Modification Proposal 159 'Credit Cover Review' has now been published. The proposal seeks to clarify SEC Section J 'Credit Cover' by redrafting certain clauses which will help to mitigate the risk of misinterpretation of these obligations by SEC Parties, the SEC Panel or the DCC.
Energy Minister Greg Hands co-chaired the first meeting of the country's first ever dedicated group for creating UK green job opportunities.
Policy statement setting out how policymakers apply environmental protection and enhancement.
The final report of the 3-phase evaluation of the renewable energy scheme has now been published. It aims to give developers a higher level of confidence and certainty to invest in low carbon electricity generation by agreeing to a fixed price for the sale of electricity.