Area Development's Andrew Greiner speaks with economic development incentives experts Amy Gerber of Cushman & Wakefield and Kathy Mussio of Atlas Insight. Together, they discuss the evolving landscape of tax incentives, the shift toward workforce.
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Energy Storage Canada congratulates Stephen Lecce on his new appointment as Minister of Energy & Electrification as part of Premier Doug Ford's commitment to continue rebuilding Ontario's economy. We look forward to working with Minister Lecce and his team to build on the momentum that has established #Ontario as a global leader in #EnergyStorage to ensure the reliability, sustainability, and affordability of Ontario's #FutureGrid. Special thanks to Minister Todd Smith for his leadership and consistent recognition of the critical role energy storage can play in Ontario's #EnergyTransition on the province's path to electrification & decarbonization. #EnergyStorageSystems #FutureEnergy #EnergyTransition #Renewables #RenewableEnergy #CleanEnergyFuture #CleanTech #Energy #CanadianEnergy #StoragePLUS #Batteries #BESS #LDES #LongDuration #EVs #V2G | Energy | Énergie | Ontario Government | Gouvernement de l’Ontario https://lnkd.in/eGrxUg6k
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Positive noises here but need to see things change in practice. In the past, one of the big issues preventing asset owners from allocating to UK infrastructure assets is that there simply haven’t been enough assets coming available. Case in point - solar farm being developed today, would likely get a grid connection date in late 2020’s. This leads to disappointing deployment timelines, and then AO’s bidding against each other for the small number of assets that do exist, which doesn’t help anyone. That’s why a lot of mandates would end up having a global focus, to mitigate that issue. Would love to see that change, some promising early signs that it might be. Grid connections and planning are really important bottlenecks needing addressing. https://lnkd.in/eQex6TZP
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Dive into the latest industry trends and developments in energy & infrastructure with Akin's insightful Policy Pulse hub.
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The Clean Energy transformation of our economy, society, and environment is finally here. This is a great article from Pitchbook about the size and scope of public pension investment in clean energy infrastructure that will supplement traditional sources of energy that powers our lives and our economy. Government investment is a critical “first mover” of these emerging industries—the big private investors including the public pension funds in California have now entered the market!
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Attended launch of Aberdeen & Grampian Chamber of Commerce report yesterday in Aberdeen and while of significant importance to the north east of Scotland this is a UK matter and deserves greater attention, debate and consideration as outlined in the recommendations section of the report. As stated by Russell Borthwick "We have been steadfast in our position that the windfall tax and proposals to halt north sea drilling will undermine the energy transition, and ultimately cost us the workforce and supply chain we will need to build out and operate our renewable energy infrastructure." If we do not we will be left behind. Indeed I believe this narrative not only applies to Energy Transition but to the future economic growth of the UK. As Maggie McGinlay of ETZ referred to in her presentation it is critical that the private sector and public sector work together to unlock this unprecedented opportunity. This not only applies to Energy Transition but to each and every element of the UK's infrastructure and services. Collaboratively we need to build a better UK and such projects are the foundation to a much stronger UK in the future. #energytransition
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Just witnessed history as King Charles III opened the new parliamentary session post-2024 election. Here's the scoop on energy and economic growth: It's great to hear that there will be a significant focus on economic growth and improving living standards. This suggests that potential initiatives in work-based training and skills development to boost productivity and employment opportunities are fantastic. 🌟 Key Highlights for the Energy Sector: • Great British Energy: New state-owned entity for renewable projects • Clean Power Mission: Reaffirmed 2030 clean power goal • National Wealth Fund: £7.3B for green infrastructure • Energy Independence Bill: Framework for GB Energy • Local Power Plan: £3.3B in loans for community energy projects • Net Zero Recommitment: 2030 phase-out for ICE vehicles • Streamlined Planning: Faster infrastructure development 💡 What it means for you: These initiatives signal major shifts in energy, sustainability, and economic growth. Businesses and professionals should prepare for new opportunities in renewable energy, infrastructure, and skills development. 🔍 Want to dive deeper? Join our expert panel discussion on the election's impact on labour markets and hiring. Featuring speakers from ManpowerGroup UK, REC, and Eversheds Sutherland. Register now: https://lnkd.in/edeBMahu #KingsSpeech2024 #UKEnergy #EconomicGrowth #Sustainability Andy Dalton National Sales Manager - Strategic Clients M: 07483161781 E: andy.dalton@manpower.co.uk
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𝐓𝐡𝐞 𝐢𝐧𝐞𝐬𝐜𝐚𝐩𝐚𝐛𝐥𝐞 𝐭𝐫𝐮𝐭𝐡 𝐨𝐟 𝐜𝐥𝐞𝐚𝐧 𝐞𝐧𝐞𝐫𝐠𝐲 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬. “𝐼𝑡 𝑜𝑓𝑡𝑒𝑛 𝑡𝑎𝑘𝑒𝑠 𝑙𝑜𝑛𝑔𝑒𝑟 𝑡𝑜 𝑝𝑒𝑟𝑚𝑖𝑡 𝑎 𝑤𝑖𝑛𝑑𝑓𝑎𝑟𝑚 𝑡ℎ𝑎𝑛 𝑡𝑜 𝑏𝑢𝑖𝑙𝑑 𝑖𝑡” - Ingrid Reumert, Senior Vice President of Group Stakeholder Relations at Ørsted. This statement was made last year in response to an Energy Transmission Commission briefing on streamlining the planning and permitting of wind and solar projects. Although many would agree that planning system reform will help speed up the energy transition, it is an inescapable truth that nationally significant low carbon energy projects are, naturally, very large and often contentious. The scale of these projects bring many dimensions of benefits and adverse impacts which require due consideration. In her first speech as Chancellor, Rachel Reeves announced that benefits of developments will be a central consideration in a newly reformed planning system, whereby the Secretary of State for Housing, Communities and Local Government can intervene to ensure benefits to regional and national economies are secured. The problem then remains - how to effectively communicate the potential impacts to decision makers? The assessment of socio-economic impacts has for many years centred around the direct and indirect impacts on employment, GVA and the supply chain. However, in recognition that these impacts alone do not paint the full picture of potential effects on local communities and businesses, the best practice approach has rapidly evolved. Now, a comprehensive understanding of all potential socio-economic impacts should be undertaken, including consideration of: 👷Economic: Employment, GVA and potential impacts on local employment opportunities and access to work and training. As mentioned above, regional and national economic benefits are set to receive greater consideration in decision making. 🏠Social: potential impacts of the workforce associated with the project on population, housing, and local services. 🏕️Tourism: the potential indirect impacts on tourism associated with visual amenity, visitor accommodation, and recreation. With extensive experience helping clients understand the local, regional and national socio-economic impact of clean energy projects, HJA undertakes robust assessments of socio-economic impacts and communicates outcomes effectively. We have supported applications for: 🏭 Nuclear power stations 🌬️ Offshore wind schemes 🗑️ Energy from waste ☀️ Solar farms ☁️ Carbon capture and storage plants 🏘️ Heat pipeline linking waste to energy plants to district heating systems 🐄 Biomass schemes Want to learn more about how Hardisty Jones Associates can support your clean energy application? 🔗Contact me through the link in bio. #renewables #economicdevelopment #energy #socioeconomic #impacts https://lnkd.in/eTFiZr9i
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“The state’s highest year on record was 2022, when a flurry of electric vehicle and solar energy-related companies boosted jobs and investment vows to $10.27 billion and more than 14,000 jobs.”
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As Ofcom, Ofgem and Ofwat and other UK regulators talk to Chancellor Rachel Reeves about how to stimulate growth, here are recommendations from global investors in energy, digital, transport and water.
📰 As UK Chancellor Rachel Reeves hauls regulatory bosses in for meetings, investors are urging government to create a regulatory environment that better supports private investment. Writing for Utility Week, GIIA's chief executive Jon Phillips explains what needs to change to help drive the growth agenda. In collaboration with strategic regulatory advisors Fingleton, readers can find both our op-ed and full detailed report on our website ➡️ https://lnkd.in/eGNCZShB
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China and Britain have agreed to "support investment in key growth sectors, including in clean technologies [...] where national security considerations can be mitigated by both countries’ investment regulatory frameworks, and to engage constructively on economic or security issues to provide certainty for business." In the context of Mingyang Smart Energy 's plans for an offshore wind turbine blade factory in Scotland, this might be relevant. Stewart McDonald Paul Sweeney Scottish Enterprise Scottish Renewables See below 1.10 TRADE, INVESTMENT, AGRICULTURE AND INDUSTRIAL COOPERATION
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Always enjoy speaking with my good friend Amy Gerber !