UK-China ink clean energy deal

The UK and China have signed an agreement to work together to transition to a low carbon economy. Through the ‘Clean Energy Partnership’ both countries will co-operate to find the […]

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By Jacqueline Echevarria

The UK and China have signed an agreement to work together to transition to a low carbon economy.

Through the ‘Clean Energy Partnership’ both countries will co-operate to find the right solutions to deliver clean, secure and affordable energy.

It is expected to encourage more investment in clean technologies, which in turn could help reduce costs in both countries.

The partnership will also support the UK’s efforts to tackle climate change and provide energy security as well as reduce energy bills for businesses and families.

DECC claims UK companies in the low carbon sector will gain more opportunities to access the energy market in the world by sharing expertise in technology and innovation to secure new business.

Last week China said it would invest in the Hinkley Point C nuclear project and signed a deal with BP to receive LNG.