What the chancellor of the exchequer chooses to talk about in his budget statement says something about priorities. Just as important is what he chooses not to talk about.
Chancellor Jeremy Hunt promised investments in advancing the UK's net zero efforts with nuclear and green energy in today's Spring Budget but future funding for transport and other vital infrastructure went amiss.
The Spring Budget 2024 has backed plans for nuclear energy progress and confirmed funding for decarbonisation investments through the Green Industries Growth Accelerator (Giga).
Holtec has signed new memoranda of understanding with Balfour Beatty and Mott MacDonald, as well as South Korean Hyundai’s construction department to collaborate on advancing small modular reactor (SMR) nuclear technology.
Chancellor of the exchequer Jeremy Hunt will announce a further £120M government investment increase for the Green Industries Growth Accelerator (Giga) fund in the Spring Budget tomorrow, Wednesday, 6 March.
Ofgem has recommended two proposals for high voltage cables connecting the UK grid to electricity sources in Europe for approval.
The government has been warned not to carry over the surplus of greenhouse gas emissions reductions from the third carbon budget.
Stantec has been selected to design Tata's proposed £4bn electric car battery factory in Somerset.
Bam-Hitachi Energy joint venture has been appointed by National Grid Energy Transmission (NGET) and SSEN Transmission to build the converter stations for the £2.1bn Eastern Green Link 2 (EGL2) offshore interconnector between Scotland and England.
Balfour Beatty has commenced work with SSEN Transmission on the development of nine electricity transmission projects across the north of Scotland.
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