Ofgem has officially replied to an article in the Guardian that accused the energy watchdog of stalling the electric vehicle (EV) rollout, saying that is does “not fully reflect Ofgem’s position.”
Ofgem will allow £64 million of additional funding requests from distribution network operators (DNOs) for rail electrification, street works and site security.
The Committee on Climate Change (CCC) has issued a call to HM Treasury to ensure the costs of reaching net zero are distributed evenly, revealing it will publish its advice on the sixth carbon budget earlier than expected.
The government is exploring new funding models for nuclear and Carbon Capture Usage and Storage (CCUS) projects, announcing up to £18 million for the development of small modular reactors (SMR).
Electric vehicle (EV) charging projects focusing on wireless charging and solar forecourts are set to receive a share of government funding totalling £37 million.
Innovate UK and French energy giant Engie have teamed up to launch a £4 million competition to help fund projects at the forefront of the energy transition.
