Gemma Casey’s Post

Today's edition of Business News Wales - Do you get yours? 📩 Sign up for Free updates HERE ⬇ https://lnkd.in/e8agW54X #Tuesday #Free #Updates #Subscribe #DailyNewsletter #BusinessNews #Wales

🌍🔋 Powering the Future through Innovation 🔋🌍   According to Tech.eu research, European tech companies in the energy sector raised more than €5.1 billion in the first three quarters of 2024. Highview is proud to take the number 2 spot in this group - helping to drive the clean tech movement here in the UK and across the region. ⚡️ In June, we secured £300 million to build one of the world’s largest long-duration storage (LDES) facilities in Carrington, Manchester—an exciting step toward reducing reliance on fossil fuels and stabilising energy costs for everyone. And in October, we announced the second phase of our LDES programme in Hunterston, Scotland. 🙌   We’re part of a global movement of European innovators pushing the boundaries of what's possible to tackle climate change, deliver #energy security, and #power a sustainable future for all. 🚀🌍 - thanks to Tech.eu for highlighting our contribution!🌱   Read More: https://lnkd.in/d8RtwV5G   #EnergyInnovation #Sustainability #CleanEnergy #EnergyStorage #FutureOfEnergy #HighviewPower #ClimateAction #RenewableEnergy #GreenTech #TechForGood

Thank you to the the Energy Efficiency Association CIC for the opportunity to speak on behalf of Ofgem this week about our role in administering a range of governmental environmental and social schemes, such as the Energy Company Obligation (ECO4), and for the chance to hear how we can continue to better support the supply chain in delivering these projects. From calling for greater clarity as to the future direction and investment potential of these schemes, to simplifying the often complex landscape in which they are situated, it was clear as to the key next steps needed to provide consistency and stability for the market. ECO4 is a governmental scheme that offers a range of insulation and renewable heating measures for vulnerable consumers, with the intent of tackling fuel poverty, and lowering the carbon footprint of Britain’s housing stock. And amidst the aftermath of a crushing cost-of-living crisis, and with roughly 13% of households in England and Wales and 25% of households in Scotland and Northern Ireland still found to still be living in fuel poverty, it is obvious that schemes like ECO remain more salient than ever. Here's to both scaling up and simplifying down our national energy efficiency schemes, to ensure access to affordable and green energy is there for all households across society.

The ASFI team are on Kaurna Country today at the First Nations Clean Energy Symposium, learning from Traditional Owners, communities and industry about how First Nations are leading and partnering in the clean energy transition. Watch below to hear early insights from our Program Lead; First Nations and Finance Tiarne Shutt. Key takeaways include the critical need for Free, Prior and Informed Consent (FPIC), equitable partnerships, and projects which demonstrate community benefit. First Nations Clean Energy Network Indigenous Land and Sea Corporation National Native Title Council

Great Headline Guardian on Nuclear fission. https://lnkd.in/g8sMZtpR Fission is moving towards obsolescence at an accelerated pace, as it is "out of step, out of time, out of place," and merely a temporary industry globally. Commercial fusion electrical energy generation is a promising and innovative method of producing sustainable and clean energy. By 2028, Helion is expected to start producing electricity from its first fusion commercial power plant, which will provide electricity to Microsoft. The plant will produce at least 50 MWe after an initial ramp-up period. https://lnkd.in/gY9J3MQY If you want nuclear energy, opt for the cleaner and safer option of FUSION. Now see what news is happening in the Fusion industry in the world. https://lnkd.in/g9hMBD7a As fission trebles, fission fuel shortage in 100 or 80 years is increasingly real, as stated in recent UN documents and linked below. https://lnkd.in/gze5rwpr

⚡ This week is the European Sustainable Energy Week, the largest annual event dedicated to renewables and efficient energy use in Europe. More than ever before, it is becoming crucial to build a secure energy future. Within ACCTING, two research lines focus on these topics in 7️⃣ European countries: ·      RL3: Energy communities, energy poverty and community energy schemes ·      RL4: Intensifying the adoption of energy-efficiency measures in micro/smaller SMEs 📺 Follow #EUSEW2024: https://lnkd.in/eYkXMq8G

The UK's CCS Track 2 Clusters: A Game-Changer for Net-Zero Aspirations When we talk about tackling climate change, scaling innovative solutions like carbon capture isn’t just desirable—it’s essential. The UK government’s recent strides in engaging transport and service providers for the Acorn and Viking CCS clusters under Track 2 are a monumental leap toward decarbonization. Here’s why this matters: What Are the Acorn and Viking Clusters? Acorn: Located in northeast Scotland, the Acorn cluster focuses on utilizing existing infrastructure to capture and store CO₂ from local industries. Viking: Anchored in the Humber region, this project targets the UK's most carbon-intensive industrial zone. Together, these projects aim to sequester millions of tons of CO₂ annually, paving the way for a cleaner future. Why This Is a Big Deal Driving Investments: The engagement with transport and service providers signals the government’s intent to make CCS commercially viable. This is a golden opportunity for investors looking at green technology markets. Global Implications: While the UK is leading the charge, the scalable nature of these clusters creates blueprints for international replication. What Investors Need to Know The Numbers Add Up: The global CCS market is projected to grow to over $35 billion by 2030. With its robust infrastructure and policy support, the UK is poised to capture a sizable share. Policy Backing: The UK government has pledged £20 billion to CCS over the next two decades, ensuring long-term viability. What’s Next? This is just the beginning. Acorn and Viking are part of a much larger effort to accelerate the UK’s net-zero goals by 2050. For startups and investors, it’s a call to action—align your resources with this green revolution. #NetZeroGreenBharat #CarbonHydrogenX #CCSInnovation #SustainableFuture #GreenInvestments #EnergyTransition #ClimateAction #UKNetZero #CleanTech #IndustrialDecarbonization #CarbonCapture #GreenEconomy

Here’s to Government and big corporations consulting, investing in and working more collaboratively with land and stakeholders (particularly farmers, country communities) for a sustainable, safer & more environmentally friendly future for all. https://lnkd.in/g47UCCBv

We have a wealth of insight into green jobs and investment - check out these facts and figures on energy and waste treatment. More on a range of industries and Scotland as a whole at https://ow.ly/jP8n50RN2uZ

*Nigel Hutton, LNP, Keppel: Power and Energy* We asked Nigel the following question: ”The availability of sufficient, affordable baseload power while reducing net emissions from energy sources is a key component of economic sustainability.  What is your view of this objective and how would you achieve it?” Here is his response.