NatPower UK

The National Energy System Operator (NESO)’s new independent analysis shows clean power by 2030 is achievable and desirable. The report confirms that the transition will drive economic growth, create good jobs and reduce our dependence on volatile international gas prices – delivering more affordable, green energy. Key findings include: 1. The Government can achieve its clean power by 2030 mission, but doing so will require bold, sustained actions and momentum 2. To make its vision a reality, the Government must reform market arrangements and investment support schemes 3. Becoming one of the first major economies to decarbonise will strengthen the UK’s climate leadership credentials As the report says, achieving the clean power mission will require us to do things differently. Rewriting the rules of the grid to allow private companies to build substations could play a key role in accelerating grid development while taking hundreds of millions of pounds off bills every year. By rethinking energy and economic policy, we can eradicate the main source of inflation, attract foreign capital, and supercharge economic growth, all while accelerating toward net zero targets. We remain committed to working closely with the Government and NESO to make Britain a clean energy superpower. Read more: https://lnkd.in/esxYuf8c

Last week, as commentators fixated on tax rises the Budget’s most economically transformational announcement received little attention. With the Chancellor’s new Investment Rule unlocking £100bn, the Government is now well positioned to make Britain a Clean Energy Superpower and crowd in significant additional private investment. We welcome the establishment of the vehicles for this investment, GB Energy and the National Wealth Fund. Designed to support the clean energy transition and green economy, these institutions invest through fiscally neutral loans or equity stakes – enabling the Government to turbocharge its ambitions. To position the UK as an energy transition powerhouse, the Chancellor could use these two institutions to set up joint public and private funds that accelerate the switch – for anything from grid investment to clean transport – leveraging taxpayer money to crowd in private investment. These energy transition acceleration funds could work in a 1x8x5 equity ratio: £3bn from the Treasury, followed by 8x in equity from businesses, and an additional 5x in debt, would raise £120bn of investment for innovation, as well as returns for all parties. That would include £40bn for the taxpayer in VAT and corporate taxes, offsetting the £40bn in tax rises revealed in last week’s Budget. We applaud the Chancellor’s Investment Rule and are proud to also play a leading role in accelerating the UK’s clean energy transition. Rt Hon Rachel Reeves https://lnkd.in/eU74A-rn

Yesterday marked a turning point for the UK’s clean energy transition, with the Chancellor putting sustainability, economic growth and investment at the centre of the Budget. However, much more work is needed to achieve the Government's goal of establishing the UK as a clean energy superpower.   Introducing a government guarantee to lenders’ first loss for those investing in the transition would be a good start. This could unlock billions of pounds of private sector investment and drive growth at no cost to the taxpayer.   Allocating the funds gained from both increasing the Oil and Gas Profits Levy and scrapping its investment allowance to Great British Energy could turbocharge the clean energy transition – by financing clean energy project development and sending positive market signals to investors.   With Capital Gains Tax rising for most assets, reassuring the market that the exemption for clean energy investments will remain in place will help redirect funds from oil and gas schemes into clean alternatives. Removing this exemption would put investment in UK renewables at risk and slow the energy transition.   We commend the Chancellor for making ‘maximising the growth benefits of Labour’s clean energy mission’ one of the key pillars of yesterday’s Budget and remain committed to playing a leading role in this.

It may sound like something out of a science fiction novel, but experimenting with artificial rain to reduce air pollution is one of the latest initiatives taken by Indian authorities to tackle this environmental emergency. The technique involves releasing chemicals into the atmosphere to create clouds and encourage precipitation, aiming to clean the air of pollutants. Without decisive action to reduce emissions at source, air pollution is set to remain a major issue not only in India but globally. In the new episode - AIR - of MISSION EARTH, Angelica De Vito and Luciano Canova take an in-depth look at the solutions being proposed worldwide to combat air pollution, from legislative measures to cutting-edge technologies. 🌍 The episode, like the entire series, was produced with NatPower UK, in collaboration with NatPower Group, showcasing our mutual commitment to delivering real, lasting environmental solutions for communities and nature. This initiative underscores NatPower UK's dedication to addressing global environmental challenges through innovative approaches. Available for free on all podcast platforms. 👉 Missed the Italian version? No problem! Catch up anytime. Tune in now to listen to the first episode of Mission Earth! #natpoweruk #natpowergroup #natpowernews #podcast https://lnkd.in/dQH_UXcr

Exciting times ahead as we explore the future of energy transition. Stefano D.M. S., CEO of NatPower UK, was honoured to participate in the "Grids & Networks - Transforming Grids to Unlock the Renewable Energy Era" panel at the #FTEnergySummit.   The discussion addressed key challenges and opportunities in upgrading grid infrastructure to accommodate growing renewable energy sources. Topics covered included the need for regulatory frameworks to drive investment, the importance of local renewables and strategic planning, and the crucial role of public-private partnerships in enabling large-scale projects.    The panel also explored the rising energy demand from data centers, expected to increase by 150 GW by 2030, and highlighted initiatives like the 4,000 km cable from Morocco to the UK, presented by James Humfrey, CEO of the Morocco-UK Power Project.   Other expert panelists included Rohan Kelkar, EVP Power Products at Schneider Electric; Saleh Panahi, Managing Director at Blackstone; Alexis Storey, Director at Baringa; and Alan Livsey, Asset Management Reporter at the Financial Times. An extract from the discussion is available, and you can watch the full video on the #FTLive channel.   Stefano D.M. S. emphasized NatPower’s commitment to developing innovative grid solutions and ensuring flexibility for a sustainable, renewable energy future. #FTLive #FTEnergy

NatPower UK had the great opportunity to participate in the Financial Times Energy Transition Summit, where Stefano D.M. S., our CEO, delivered a thought-provoking speech on the future of energy, navigated by the brilliant Attracta Mooney. He highlighted the crucial role of battery storage and renewable energy in driving sustainable solutions and emphasized NatPower’s commitment to accelerating the global energy transition. Stefano also shared insights into how innovation and collaboration across industries can pave the way for a greener future. Here’s an extract of his speech in the post below, you can watch the full keynote interview on the FT Live channel. We are glad to be a part this impact driven forum with other industry leaders, to share our vision! #FTLive #FTEnergy

NatPower UK is excited to be a lead sponsor at the Financial Times Energy Transition Summit 2024! Now in its 9th year, the Summit will once again gather influential leaders from across the energy industry to share vital insights and actionable strategies for accelerating a secure, affordable, and sustainable energy transition. We are especially proud to announce that Stefano D.M. S., CEO of NatPower UK and NatPower Marine, will be delivering a keynote address, offering his unique perspective on the evolving energy landscape and the steps needed to drive meaningful change. We look forward to engaging with other industry leaders and pioneers committed to shaping the future of energy. 🗓️ Join us in London from 22-24 October 2024. Find out more at: https://lnkd.in/engvCJvW #FTEnergy #EnergyTransition #Sustainability #NetZero

Today is World Food Day, reminding us of the importance of farming and agriculture. We all need farmers at least three times a day, but extreme weather, increasing costs, and changes to subsidies are making farming an even tougher game to be in. Fortunately, the clean energy transition provides key opportunities to future-proof farming – leasing land for solar panels, wind turbines and battery storage provides a substantial additional source of revenue, safeguarding the livelihoods of future generations. We are proud to work with farmers across the country to deliver win-wins for both food and energy security. Find out more about how we support farmers: natpower.uk/landowners

Chile became the first country in the world to recognise and punish ecocide as a crime by incorporating the definition into its national penal code. Furthermore, if accepted by the International Criminal Court (ICC), the definition of ecocide could become the fifth crime recognised by the ICC, alongside crimes against humanity, war crimes, crimes of aggression and genocide. This change would impose new legal responsibilities on company directors, heads of funding agencies and insurance companies involved in environmentally damaging activities. To find out more, in the new episode of MISSIONE TERRA, Angelica De Vito and Luciano Canova explore the issue and explain what soil degradation is, why it can be extremely dangerous for people and what solutions are available, including in Italy, in some areas such as Terra dei Fuochi in Campania. 🌍 The episode, like the whole series, was made with NatPower Group in collaboration with NatPower UK, reflecting our shared commitment to making a real impact on communities and nature. This initiative highlights NatPower Group's commitment to tackling global environmental challenges through innovative and engaging solutions. and is available for free on all listening apps. 👉 Don't worry if you missed the Italian version - you can still catch up! Tune in now and listen to the first episode of Mission Earth! Episode available on: AMAZON: https://lnkd.in/dXp8pNPs SPOTIFY: https://lnkd.in/dq4jX3sq APPLE PODCASTS: https://lnkd.in/d9cSgQb6 #natpowergroup #natpowernews #natpowerh #natpowermarine #natpoweruk #podcast Fabrizio Zago Stefano D.M. S. Nnenna Hemeson Alice Mitakoff Maria Grazia Tiballi

Energy prices are increasing this winter – the UK switching to renewables could save households £300 a year on their electricity bills by 2030. We are working closely with the Government to deliver over 60 GWH of battery storage and clean energy projects, to ensure households have access to power that is both affordable and green. Learn more about our pipeline and how we are investing in the UK’s energy transition: natpower.uk/investors