Bristol seeks £1bn investment in energy infrastructure

The council has released a new ‘City Leap’ prospectus outlining a series of energy and infrastructure opportunities for businesses

Defence secretary warns Russia is ready to attack UK’s energy infrastructure

UK Defence Secretary Gavin Williamson has warned Russia could cause “thousands and thousands and thousands of deaths” through attacks on the UK’s energy infrastructure. The MP for South Staffordshire has accused Moscow of spying on Britain’s gas and electricity supplies, which if cut, could create “panic” and “chaos” for millions of people. Mr Williamson referred […]

Power lines and pylons get pretty in £500m project

A £500 million fund aims to help minimise the visual impact of electricity infrastructure on natural scenery. Scottish and Southern Electricity Networks (SSEN) has recommended 10 sites to be part of the Visual Impact of Scottish Transmission Assets (VISTA) scheme, administered by regulator Ofgem. The project is part of a UK-wide programme to minimise the visual impact of pre-existing transmission infrastructure, such as […]

EU offers €800m to connect energy infrastructure

The EU is providing €800 million (£674m) of funding for electricity, gas and smart grid infrastructure projects. The finance will help to strengthen Europe’s internal energy market, enhance security of energy supply and provide clean, sustainable energy across the continent. The call for proposals will be open until the 12th of October and comes as […]

Need £150k for your energy project?

Energy companies could take part in a new competition and secure up to £150,000 in funding. Innovate UK is offering a total of £4.25 million for early stage feasibility projects in the energy infrastructure sector. The competition aims to accelerate the speed at which private investors get involved in high-risk, innovative projects in four main areas […]

€5bn boost for energy infrastructure projects in EU

The European Commission has launched 195 infrastructure projects worth €5.35 billion (£3.8bn) to help the EU reach its energy and climate goals. It includes 108 electricity, 77 gas, seven oil and three smart grids projects. The aim is to integrate Europe’s energy markets and diversify sources. One of the electricity projects aims to end the isolation […]

£245bn of energy projects ‘in the pipeline’

Around 60% of infrastructure spending in the UK will be on energy projects up to 2020 and beyond. New figures reveal the value of the infrastructure pipeline in the UK, which includes energy, transport, waste, flood, defence, communications, water and science and research sectors, is £411 billion in total. The investment is expected to average […]

Cash pouring into 310 UK energy projects, says minister

Foreign businesses pumped cash into 310 energy and infrastructure projects in the UK over the year 2013/14. Chief Secretary to the Treasury Danny Alexander touted the figures yesterday as evidence the UK is an attractive place to do business. The Lib Dem minister was speaking ahead of launching a Guide to Investing in the UK next week […]

Europe must invest $2.2tn to keep the lights on, IEA says

Europe must find a way to stimulate massive new investment in energy infrastructure to ensure the light stays on, warns a new report. It will need to invest around $2.2 trillion (£1.3tn) in the power sector by 2035 to replace ageing infrastructure and meet decarbonisation goals as well as install 100GW of new thermal plants, […]

IEA: $48tn needed by 2035 to meet global energy needs

More than $48 trillion (£28.6tn) must be invested across the globe by 2035 to meet the growing need for energy, according to a new report. The International Energy Agency (IEA) suggests more than half of that amount will be needed to compensate for declining production from existing oil and gas fields while the remainder on […]