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National Grid signs 25-year deal for Grain LNG

Heather Trudeau
Business Energy News, Finance & Markets, gas security, Grain LNG, Infrastructure, kent, National Grid, Qatar Terminal, QTL, Uncategorised
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National Grid signs 25-year deal for Grain LNG: A 25-year contract has been signed between National Grid and Qatar Terminal Limited (QTL) to provide storage & redelivery capacity at its Grain Liquefied Natural Gas (LNG) terminal. Located on the Isle of Grain in Kent, Grain LNG, currently has the capacity to deliver and store plenty…
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Great Britain could become net exporter of power by 2040s

Andy Robinson
Business Electricity, Business Energy News, covid-19, Efficiency & Environment, electric, energy, Energy Market News, Environment, Finance, Finance & Markets, generation, Infrastructure, investment, markets, net-zero, Policy, Renewable, Renewable energy, Renewables, Uncategorised
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Great Britain could become net exporter of power by 2040s: Interconnection with EU nations, regardless of trading arrangements post-Brexit, will continue to play a pivotal role in driving wholesale power prices and system flexibility in the future. Modelling of the GB and EU markets by Cornwall Insight shows that increased interconnection through the 2020s and…
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£10m up for grabs for innovative battery tech research

Heather Trudeau
aerospace, automotive, Battery, Business Energy News, feasibility studies, Finance & Markets, funding, Innovate UK, rain, research
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£10m up for grabs for innovative battery tech research: businesses are being invited to bid for a share of up to £10 million to support the innovative battery technologies development. As part of UK Research and Innovation, Innovate UK is providing the funding for feasibility studies & research and development into encouraging new battery technologies,…
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NIA calls on government: extend £2bn Green Homes Grant

Heather Trudeau
Business Energy News, carbon dioxide emissions, Chancellor of the Exchequer, Efficiency & Environment, energy efficiency, Green Homes Grant, insulation, low carbon heating, National Insulation Association, net-zero
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NIA calls on government: extend £2bn Green Homes Grant: National Insulation Association (NIA) has appealed to the government to extend the £2 billion Green Homes Grant scheme. In order for the government to achieve its target of 600,000 homes, the body notes that the short lifespan of the initiative may not help. The three-month validity…
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PACE proposes plans for UK solar power projects

Heather Trudeau
battery storage, Burgate, Business Energy News, Efficiency & Environment, emissions, Finance & Markets, Infrastructure, Norfolk, PACE, Pathfinder Clean Energy, Renewable energy, solar power
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PACE proposes plans for UK solar power projects: The first subsidy-free solar power projects in the UK has submitted plans by Pathfinder Clean Energy (PACE). They include two separate planning applications with a total capacity of 40MW, for ground-mounted solar farms, in Norfolk. The solar farms – which have the capability to co-locate battery storage…
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Scotland launches £3.5m for climate projects

Heather Trudeau
Business Energy News, climate change, community, Efficiency & Environment, electric bikes, energy efficiency, EVs, Finance & Markets, green recovery, Scotland
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Scotland launches £3.5m for climate projects: A £3.5 million fund will deliver community projects that help halt climate change the Scottish Government has declared. The Community Climate Asset Fund is presenting up to £100,000 in grants for projects supporting community climate action, including enabling the purchase of electric vehicles (EVs) and bikes & those that…
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ScottishPower acquires Tonik Energy’s customers

Heather Trudeau
Business Energy News, bust, Finance & Markets, Ofgem, Policy, ScottishPower
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ScottishPower acquires Tonik Energy’s customers: ScottishPower has been appointed by Ofgem ScottishPower will take on the customers of Tonik Energy after it stopped trading. Following a competitive process run by the regulator, about 130,000 domestic energy customers will directly move to ScottishPower ScottishPower will honour all overdue credit balances, counting money owed to both existing…
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Scottish Government consults banning single-use plastic

Heather Trudeau
Business Energy News, consultation, cutlery, Efficiency & Environment, plastic straws, plates, Policy, Scotland, single-use plastics
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Scottish Government consults banning single-use plastic :  A consultation has been launched by the Scottish Government on its agenda to ban some of the most environmentally-damaging plastic items  found in Scotland. It is proposing to introduce new legislation to restrict the sale or commercial supply of polystyrene food & drink containers, plastic balloon sticks and…
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Global geothermal to escalate 24GW by 2025

Heather Trudeau
Business Energy News, Efficiency & Environment, energy transition, Geothermal, Renewable energy, Rystad Energy, solar energy
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Global geothermal to escalate 24GW by 2025: By the end of 2020, global geothermal energy capacity will increase from 16GW to 24GW by 2025. This is according to a new study by Rystad Energy, the energy research and business intelligence company, which indicates that due to the worldwide energy transition unlocking a total investment of…
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UN’s WFP wins Nobel Peace Prize

Heather Trudeau
Business Energy News, climate change, Coronavirus, Efficiency & Environment, Nobel Peace Prize, Uncategorised
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UN’s WFP wins Nobel Peace Prize: This year’s Nobel Peace Prize has been won by the UN’s World Food Programme (WFP). Impact caused by climate change, conflicts and other disasters communities, the humanitarian organisation works to tackle hunger in these communities. During a very challenging time the Nobel Prize Committee chose the WFP for its…
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