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Saturday 24 March 2018
24 March 2018 - NEWS UPDATE

Guernsey looking to develop renewable energy strategy with help of ReGen SW

Guernsey is considering ways it can act as a renewable energy hub and to provide financial products and services to the cleantech sector as well as unlocking its own tidal, wave and offshore wind resources to generate clean energy for home use and for export.


Davey tries to reassure CBI and green investors

Ed Davey today tried to reassure businesses that the Government will provide the certainty investors are looking for if they agree to meet the UK's energy infrastructure needs. He said the details of the forthcoming Energy Bill will unlock billions in energy investment vital for keeping the lights on, emissions down and bills affordable.


Quantitative Easing only benefits the financial sector, finds research

A review of evidence into Quantitative Easing (QE) has shown that the Government's hope that it will pull the UK out of recession may be unfounded. Professor Chris Martin, from the University of Bath's Department of Economics, has looked at the impact of QE not just on financial markets but also the 'real' economy of jobs, inflation and output and concluded that there is no lasting benefit in continuing to pursue the policy.


£2m available for bioenergy innovation in wetland areas

Entrepreneurs are being invited to bid for a share of £2m aimed at spurring on bioenergy innovation in wetland areas such as the Somerset Levels.


UK faces blackouts in 2015 because of electricity generation crisis

The UK is facing blackouts caused by a power generating crisis as early as the winter of 2015, Ofgem warned today. The energy regulator said spare capacity would fall from current levels of 14 per cent to just four per cent in three years causing a sharp rise in fuel prices and a risk of shortages.


Partnership formed to develop offshore wind in northern seas

Over forty organisations will today join forces to set out a long-term vision for the deployment of offshore wind in the northern seas and the economic opportunities this presents.  These include world-leading manufacturers, cutting-edge developers, supply-chain firms, researchers and industry-bodies.


Co-operative Bank triples renewable energy lending

The Co-operative Bank has increased the number of new renewable energy projects it has funded, almost tripling its lending to the sector in the past year. 
Throughout 2012 The Bank has seen increased demand from developers and community groups keen to invest in alternative energy sources. 


BT extends fibre broadband network in South West

BT has announced a further major investment in the South West by rolling out its £2.5 billion high-speed fibre broadband network to 129,000 more homes and businesses. The 24 latest communities to benefit, including Brimscombe, Clevedon, Combe Down, Dursley, Keynsham, Marlborough and Thornbury, are due to be upgraded in 2013.