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Tag: Investment

Green Finance Strategy to boost investments in green energy

The Department for Business Energy and the Industrial Strategy (BEIS) has presented its Green Finance Strategy. This document aims to align the private sector with the UK's ambitious climate targets while contributing to the country’s financial sector services. This will be done through three axes: greening finance…

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Tags: anaerobic digestion, finance, green growth, Green investment Bank, investment, alberto rocamora

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£320 million for heat network investment: DECC open consultation

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DECC has launched a consultation to gather views on how to design, implement and manage the Heat Network Investment Project (HNIP), a £320m capital support fund designed to increase the volume of heat networks being built, deliver carbon savings, and help create the conditions necessary for a self-sustaining heat…

Posted in: News for Members, Policy updates

Tags: DECC, anaerobic digestion, biomethane, biogas heat, hnip, district heat, heat networks, heat use, Swancote Energy, RHI, investment, spending review, thom koller

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New DECC project with £300m to spend on heating networks

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As part of the Spending Review, the government announced £300m had been allocated for the construction of heating and/or cooling systems in England and Wales over the course of this Parliament. To design the support to best apportion this investment support DECC have launched…

Posted in: News for Members, Policy updates

Tags: DECC, hnip, spending review, heat networks, biogas heat, RHI, anaerobic digestion, investment, crop operators, food waste operators

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Consultation on reforms to the Capacity Market

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The Capacity Market aims to ensure a sustainable, secure and cost-effective electricity supply for the UK by maximising current generation capabilities and encouraging new investment. A consultation was launched this week to introduce reforms including bringing the start of the Capacity Market forward by one year to help give both…

Posted in: News for Members, Policy updates

Tags: DECC, investment, capacity markets, capacity crunch, consultation, anaerobic digestion, FIT, RHI, crop operators, food waste operators, renewable electricity, baseload energy

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What are your views on HM Treasury’s approach to sustainability and environmental protection?

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Thank you to all the members who got in touch regarding the Environmental Audit Committee (EAC)’s Sustainability and HM Treasury inquiry. The results of this inquiry could have a broad impact on the AD and bioresources industry with the EAC looking into the role of HM Treasury in…

Posted in: News for Members, Policy updates

Tags: anaerobic digestion, digestate, renewable financial incentives, food waste operators, food waste, environmental audit committee, HM Treasury, sustainability, the green book, natural capital committee, green growth, investment, crop operators, sub-100kw

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Anaerobic digestion industry fights to survive

The Anaerobic Digestion & Bioresources Association has today strongly objected to DECC’s plans to massively cut back government support for new AD plants. The association’s response to the review of the Feed-in Tariff called for the government to set out much more ambitious plans for delivering…

Posted in: ADBA News, ADBA Press Release

Tags: government, DECC, consultation, fit scheme, pre-accreditation, baseload, electricity, capacity crunch, budget cap, ADBA, Charlotte Morton, Derek Sivyer, hinkley point c, nuclear, cost-effective, press release, capacity, brown-outs, black-outs, jobs, investment, anaerobic digestion

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MEMBER’S PRESS RELEASE: CO2Sense to present at UK AD & Biogas 2015

CO2Sense is pleased to announce that Kulraj Heer of CO2Sense, will be speaking on 2nd July at the UK AD & Biogas 2015 event, as part of a select panel considering the Avenues of Finance for Anaerobic Digestion. The 2 day event will bring together over 3000 visitors and a range…

Posted in: Members' press release

Tags: co2sense, kulraj heer, finance, FIT, feedstock, funding, investment, member's press release, Derek Sivyer

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EIS reprieve: funds to be allowed to continue investment

The expected clarification on EIS funding has been published today, with good news for developers using EIS-qualifying investors: they will continue to be allowed to invest in AD even when other renewable technologies are excluded by the changes. The briefing published today says:The government intends the legislation to follow…

Posted in: ADBA News, Industry News, Members' press release, News for Members, Policy updates, R&D Updates

Tags: biomethane, budget, DECC, EIS, FIT, HMT, investment, Matt Hindle, renewable financial incentives, RHI, RO, VCT

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Clarification on EIS changes expected shortly

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We are still awaiting confirmation from government on the precise details of the proposals to restrict EIS investment from technologies which claim RO or RHI. Since the announcement in the budget document (p. 68), we have been working hard with DECC and Treasury to make the case for a similar exemption…

Posted in: ADBA News, Industry News, Members' press release, News for Members, Policy updates, R&D Updates

Tags: DECC, Ed Davey, EIS, finance, Finance Forum, financial incentives, HMT, investment, Matt Hindle, RHI, RO, treasury

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