Fusion funding reaches record $4.48 billion as race moves into industrial phase
Private fusion energy companies raised $4.48bn in the year to July, taking total sector funding reported since 2021 to $14.24bn. More than half of the annual total came from four large rounds, showing that capital is concentrating around a limited group of developers. For the UK, the opportunity increasingly lies in specialised components, fuel cycle […]
Trump rollback linked to $83 billion of stalled US clean energy investment
A labour environment coalition has identified 223 cancelled or delayed clean energy, manufacturing and industrial projects in the US, representing at least $82.8bn of planned capital. The figures are not a measure of money already… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Port of Tyne clean energy terminal enters single regulator support process
The Marine Management Organisation has been appointed lead environmental regulator for the proposed £175mn Port of Tyne Clean Energy Park. The project would redevelop 230 acres and add 400 metres of deepwater quayside for offshore wind and advanced manufacturing. The appointment could reduce regulatory friction, but it does not represent development consent, new project funding […]
CBI and Energy UK urge levy shift to unlock £130bn of growth, but fiscal bill remains
The CBI and Energy UK want the Renewables Obligation, Feed-in Tariff and electricity Climate Change Levy removed from business bills. Their package could cut energy costs by as much as 20% for some companies and,… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Ofgem steps into NESO heatwave inquiry as governance questions eclipse blackout claims
Ofgem will oversee an independent investigation into allegations concerning NESO’s decision-making and record-keeping during June’s extreme heat. The electricity system moved outside NESO’s normal operating frequency range, but remained within statutory limits. NESO rejects claims that disconnections were imminent. The lasting issue is institutional trust: a publicly owned system operator with expanding planning powers must […]