Budget announced for first annual contracts for difference auction round, but renewables industry fears smaller funding pot and soaring material costs could hit project pipeline
Jeremy Hunt confirms plans to provide £20bn of support for carbon capture projects and deliver small modular reactor funding competition, but Budget address offers little to wider green economy
UK risks falling behind in global net zero investment race, but the government still has 'fingers in its ears', according to think tank IPPR
New funding for energy efficiency and decarbonisation projects to be accompanied by a further £20m of emergency support
The Treasury is planning to provide regional zones with £80m in tax incentives and government funding to help drive investment in key areas, including green business and technology
Following government confirmation Budget will back new carbon capture projects, the automotive industry warns tax incentives, workforce upskilling, and green energy investment is all needed to stop the UK falling behind in global electric vehicle race...