Subscribe  Log in | Register | Advertise | Digital Issue   |   Search
  • Decarbonisation
  • Electrification
  • Renewables
  • Gas & LNG
  • Finance
  • Trading & Markets
  • Strategies & Trends
Search
Related Articles
UK must do more on climate targets – CCC
Nation at significant risk of not meeting its fifth and sixth carbon budgets, says climate watchdog
Brookfield transition fund hits $15bn
Fund aimed at decarbonising industries and scaling up clean energy is largest of its type dedicated to transition, asset manager says
Floating offshore wind pipeline grows to 85GW
Deployment will take off first in the UK, France, South Korea, Japan and Norway, report says
Energy price surge crimps Apac transition spending
Increased state spending on fossil fuel subsidies has narrowed the scope for investment in renewables
Equinor and SSE award Keadby 3 CCS Feed contract
Facility could be the first power station in the UK to be fitted with carbon-capture technology
UK launches first carbon storage licensing round
Government offers 13 areas for offshore storage as interest from potential developers hits unprecedented levels
Group of 24 nations agrees to improve energy efficiency
Governments including US, Germany and Japan will seek opportunities for exchange and collaboration, according to joint statement
Renewables investors flock to west Sahelian frontier
A flurry of solar power projects have advanced in the African region over the last six months as support from international development finance programmes starts to yield results
Britishvolt plans £200mn EV battery technology hub
New centre near Birmingham to develop batteries ready for high-volume production at Britishvolt’s Northumberland gigafactory
EDF revises Hinkley Point C cost by £3bn
The first UK nuclear project under construction in decades also sees its startup date slip to 2027
UK finance minister Rishi Sunak
UK Project finance Energy security Net zero Financing
Polly Martin
21 March 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Ukib to focus on energy security and net zero – Sunak

The UK treasury-owned bank must balance investments between energy security and long-term decarbonisation, says finance minister

The UK Infrastructure Bank (Ukib), a private bank owned wholly by the UK government treasury, has been encouraged in a letter providing strategic steer from finance minister Rishi Sunak to prioritise investment opportunities that align with both immediate energy security concerns and the country’s long-term climate ambitions. “[It] is important that we take every step possible to improve our energy resilience, to protect us from future shocks and volatility in global markets,” writes Sunak. “This does not change the long-term mission of the bank but emphasises the need to make rapid progress on its net-zero goals, particularly where they overlap with the government’s renewed focus on energy

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Transition Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in
Subscribe now
to get full access
Register now
for a free trial
Any questions?
Contact us

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
US Supreme Court votes to limit EPA’s powers
1 July 2022
Ruling constrains regulator’s authority to mandate power generators switch away from fossil fuels
Japan proposes revamp of offshore wind auction rules
1 July 2022
Draft amendments designed to encourage faster development as government frets over 2030 clean power goal
GE loses US patent dispute with Siemens Gamesa
30 June 2022
Recent ruling against GE could hobble offshore wind profits in the US, but uncertainty remains over the possibility of further litigation in other markets
UK must do more on climate targets – CCC
29 June 2022
Nation at significant risk of not meeting its fifth and sixth carbon budgets, says climate watchdog

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
  • Twitter
Tweets by Transition Economist
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2022 The Petroleum Economist Ltd
Cookie Settings
;

Search