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...Yet the UK engineering group must endure more lengthy approval processes in other countries where it wants to build its nuclear power unit....
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
...Their number has grown rapidly in recent years in Britain as renewable power production has increased, with about 130 sites providing 4GW of total capacity, according to industry group Regen....
...had been hacked by groups linked to Russia and China....
...“The best way to reduce build costs is to replicate and, crucially, achieve design maturity before construction,” says Tom Greatrex, chief executive of UK lobby group the Nuclear Industry Association....
...Dan McGrail, chief executive of RenewableUK, the trade group that developed the plan with government representatives, said an investment of about £2.8bn in these areas could yield about £25bn in “gross value...
...The chief executive of Ithaca Energy has quit the North Sea oil and gas producer, exiting as the group tries to rebound from a lacklustre first year as a public company....
...“An awful lot of good, detailed work has been done on the business models and legislation to get to where we are,” says Ruth Herbert, chief executive of the Carbon Capture and Storage Association trade group...
...Richard Crawford, head of energy income funds at Infrared Capital Partners, which advises the London-listed The Renewables Infrastructure Group, said: “I think it’s fair to say that [renewable] investment...
...Russell Dean, residential group product director at rival heat pumpmaker Mitsubishi Electric, echoed Hansen that a consistent message was needed. “Certainty allows us to invest at the right speed . . ....
...Stuart Jackson, the company’s finance chief, said the group was “financially robust” and could “continue to invest in lower prices, international growth, and critical innovation”....
...Adam Berman, deputy director at trade group Energy UK, echoed the concerns....
...He left Enviva’s board in November and Inclusive has sold most of its stake in the group. Environmentalists have questioned the green attributes of wood pellets....
...As the group, which is 50.1 per cent owned by the Danish government, tries to stabilise itself, chair Thomas Thune Andersen will step down after almost a decade in the job....
...Emma Pinchbeck, chief executive of trade group Energy UK, said the government had “listened to the energy industry” and welcomed the boost to the renewables budget, which sent an “important signal” to investors...
...mechanism”, said Adam Berman, deputy policy director at energy industry trade group Energy UK....
...Danish group’s woes....
...The Japanese industrial group eventually wrote off £2.1bn on the project. It also stopped work at a second site in Oldbury, South Gloucestershire....
...East said he had “thought very seriously” about the debate around the technology....
...National Grid paid £7.8bn in 2021 to buy Western Power Distribution, a regional group, from US company PPL....
...The Australian group is the largest infrastructure investor in the UK but has attracted some controversy particularly over its involvement in English water companies....
...The National Audit Office said the government currently relies on certified information on the sustainability of biomass supply chains supplied by the generators but the government failed to evaluate the...
...Offshore Energies UK, the trade group, warned that it could trigger an immediate halt to new investment in oil and gas projects, costing a potential 42,000 jobs by the end of the decade....
...Ember, a non-profit group, has calculated Drax was paid £885mn in 2021 and £617mn in 2022 under these schemes....
...Some gas groups have already acknowledged the likely hit to their businesses....
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