North East research and innovation centres granted £180m

The cash boost is expected to help accelerate the development of technologies and services needed for future manufacturing

Energy price cap to become law this winter

It has passed through Parliament and is expected to protect millions of consumers from increases in tariffs

Greg Clark’s Swansea Bay tidal lagoon briefing ‘very misleading’

Developer Tidal Lagoon Power says the project in Wales will be much cheaper than Hinkley Point C nuclear power station

UK energy secretary to visit Hinkley nuclear site at it hits new milestone

Around 250 apprentices are now working on the new facility, which is expected to provide 7% of the nation’s electricity needs

Greg Clark announces £90m of agri-tech funding

Business Secretary Greg Clark has announced £90 million of funding for developing AI, robotics and earth observation technologies in the UK’s agriculture and food sector. He said smarter technologies will make the sector more efficient, more productive and more sustainable. The Department for Business, Energy and Industrial Strategy (BEIS) also plans to encourage collaboration between businesses, […]

UK to check fracking firms’ finances before approval

The UK Government is considering financial checks of companies proposing to carry out fracking before giving the go ahead for those projects. Energy Secretary Greg Clark said the financial resilience of firms should be carried out so stakeholders have confidence in their ability to meet commitments. Third Energy has therefore not received consent yet to frack […]

UK aims to maintain close relationship with Euratom

The UK Government aims to maintain a close and effective association as possible with the EU’s nuclear body after Brexit. That’s according to a Written Ministerial Statement released by Greg Clark, which suggests this is to maximise continuity with current Euratom arrangements, ensure the UK maintains a leading role in European nuclear research and allow […]

UK unveils new Industrial Strategy

The UK Government has unveiled its new Industrial Strategy to boost the economy and see the country embrace technological innovations on its route to decarbonisation. As part of the announcement, it has committed to investing a further £725 million over the next three years in the Industrial Strategy Challenge Fund (ISCF), to help respond to […]

BEIS Committee seeks views on energy price cap bill

The Business, Energy and Industrial Strategy (BEIS) Committee is seeking views on the government’s draft energy price cap legislation. It is inviting written submissions on a number of topics including the government’s objective of the bill, i.e. “protecting customers until the conditions for effective competition in this market are in place”. Others include whether it […]

Energy bills ‘could be capped as soon as winter’

Gas and electricity prices could be capped as soon as this winter. That’s according to Energy Minister Greg Clark, who told the BBC that regulator Ofgem would receive legal backing from parliament to introduce a price cap. When asked if this could mean a change in policy this winter, he said: “Precisely. That’s exactly why […]