UK green tech gets £16m boost

An investment of £16.6 million has been revealed today, aimed at enhancing semiconductor research and production for chips used in electric vehicles and various green energy technologies

UK faces urgent call for action on deadly heatwaves

The Environmental Audit Committee has warned that heatwaves could lead to 10,000 annual deaths in the UK, urging immediate government action to implement passive cooling measures and a national retrofit programme

AI energy use nears small country levels

AI’s expanding energy requirements could soon equal those of a small nation, raising environmental concerns as the technology gains wider adoption by tech companies

EU approves €6.5bn German scheme to address carbon leakage risks

The measure will partially compensate energy-intensive firms by covering part of the higher fuel prices resulting from the German emissions trading system

UK is falling behind on ‘green steel’ race

The UK has planned just one green steel plant compared to 38 in European countries, according to a new report

UK whisky distillers ‘left out in the cold’

Producers say they are unable to access the government’s Energy Bill Relief scheme while costs are rising

France’s €13.5bn scheme to compensate energy-intensive firms granted EU approval

The scheme will cover part of the higher electricity prices arising from the impact of carbon prices on electricity generation costs incurred between 2021 and 2030

UK unboxes £65m clean tech investment at COP27

The new funding aims to make clean technologies accessible and affordable to developing countries

Global investment firm KKR invests $400m in India’s Serentica Renewables

Serentica Renewables seeks to enable the energy transition by providing clean energy solutions for energy-intensive, hard-to-abate industries

Denmark’s €3.4bn scheme to support energy-intensive firms granted EU approval

The subsidised loan scheme will provide a payment deferral of the bills for electricity, gas and district heating for all types of companies and support for energy suppliers covering their administrative costs