By Susanna Twidale LONDON, Sept 24 (Reuters) - The aviation and shipping sectors should formally be included in Britain's target to cut its greenhouse gas emissions to net zero by 2050, the government's climate advisers said on Tuesday. Britain earlier this year became the first G7 country to set a net zero emission target although the shipping and aviation sectors were not … [Read more...]
UK Set to Open $25 Billion Lease Auction for Offshore Wind Farms
By William Mathis (Bloomberg) --The U.K. is set to open the first contest in a decade intended to draw as much as 20 billion pounds ($25 billion) of investment in offshore wind farms. The move in a competitive auction for leases where developers can plant large-scale turbines at sea will bring at least 7 gigawatts of new power generation capacity to the U.K. grid and speed … [Read more...]
UK Launches Largest Offshore Wind Lease in a Decade
By Susanna Twidale LONDON, Sept 19 (Reuters) - Britain has launched its first major auction of offshore wind farm leases in a decade, offering sites with the combined potential to power more than six million homes. Britain is already the world's largest offshore wind market, and plans to generate a third of its electricity from the technology by 2030 as a part of efforts to … [Read more...]
Babcock Wins Frigate Deal as UK Bids to Restore Shipbuilding Industry
By Alistair Smout LONDON, Sept 12 (Reuters) - Babcock International won a contract to design new Type 31 frigates on Thursday as Britain seeks to revive its once-mighty shipbuilding industry. The frigates will be assembled at Babcock's facility in Rosyth, Scotland, and the program will support over 2,500 jobs across the Britain, including its supply chain. The deal will … [Read more...]
Port of Southampton Enters Into UK’s First ‘Port Economic Partnership’
The UK government and the Port of Southampton have teamed up to launched the UK's first Port Economic Partnership (PEP), a way of creating stronger links between ports and government in order to long-term trade and economic growth. For the partnership, the UK Department for Transport (DfT) will work with ABP's Port of Southampton to focus on leveraging public and private … [Read more...]