Otto Simon’s Post

Innovation Fundin IF24Battery-akkuhaku julkistettiin tänään: "Today, in the first week of its new mandate, the Commission is stepping up its efforts to boost net-zero technologies that are key to ensure the competitiveness of European industry while meeting agreed climate goals. It is launching two new calls for proposals with a budget of €3.4 billion to accelerate the deployment of innovative decarbonisation technologies in Europe, including electric vehicles batteries. For the first time, a €1 billion call for electric vehicle battery cell manufacturing (IF24 Battery) will support projects that can produce innovative electric vehicles battery cells or deploy innovative manufacturing techniques, processes and technologies. Today's call is only one measure in a broader approach to mobilise investment in an area that is essential for Europe's success in the clean energy transition and its competitiveness. It supports companies in targeting investments in Europe with new technologies where advances are still being made. Multiple instruments are needed to overcome some of the economic barriers that the battery value chain in Europe, including its gigafactories, is currently facing. The Commission will continue to deploy instruments at hand and engage in new avenues, including in the short term, for addressing barriers to large-scale industrial scale up." #akkuteollisuus #InnovationFund #IF24Battery #EU #rahoituspaketti https://lnkd.in/ejS7z2M9

What should be agenda2035 for UK energy if to learn from Draghi in EU and Agenda2035 reports in Germany? Personal thoughts - what do you think? No need to redo much analysis of Draghi and Agenda 2035, one can recycle and reinforce ideas. Strategic Energy Recommendations for the UK, inspired by Agenda 2035. Personal views as former London City inhabitant. To secure its energy future and global competitiveness, the UK should focus on five key areas: 1️⃣Boost Energy Infrastructure Resilience: Prioritize investment in renewables, grid modernization, and hydrogen to enhance energy security. Public-private partnerships will be crucial, mirroring successful approaches seen in Europe. And we see start of this with Labour cabinet announcements. 2️⃣Lead in Clean Hydrogen: Capitalize on the UK's potential to become a hub in green (Scotland) and blue and pink hydrogen production and trade, integrating it into global supply chains and fostering innovation. 3️⃣Accelerate Electrification: Push the electrification of transport and industry by expanding EV infrastructure and developing hydrogen-powered solutions, playing both molecules and electrons, ensuring the UK stays ahead in decarbonization. Common system planning is in the making. 4️⃣Innovate in Carbon Capture: Strengthen investment in Carbon Capture and Storage (CCS) technologies, leveraging public-private collaboration to lead in decarbonization efforts. UK hubs and Labour initiatives are making a start. 5️⃣Mobilize Green Finance: Create a Green Investment Banking initiative, merging City of London efforts, and introduce scale to long-term financial instruments to drive funding for clean tech and energy infrastructure. Inspired by insights from EU Draghi report and Agenda 2035 in Germany, these strategies can pave the way for a sustainable and competitive future across UK and Europe😀🌍 #EnergyTransition #Sustainability #GreenFinance #Hydrogen #CCS #Innovation

It’s the Wednesday update! How can Anionix benefit from this session of Parliament? According to the King’s Speech in today’s state opening of UK parliament (which is written by the new government), they will be doing quite a lot, some 40 new bills, give or take! Including: creating an Industrial strategy council (I attended the launch of the previous industrial strategy, all the way back in 2018), investment in sustainable growth, encouraging investment in industry, skills and new technology.. Leading the development of the technologies of the future, committed to a clean energy transition, GB Energy (a publicly owned clean power company, HQ in Scotland) to encourage and make investment in renewable energy (only Offshore wind was mentioned explicitly), enable energy independence, invest in energy infrastructure, a bill to be introduced for sustainable available fuel production. #Hydrogen is part of this but it’s disappointing not to get a clear mention, perhaps the government want to ensure context is given to Hydrogen so not too much is made of the 99% of the consumption market being supplied from fossil fuels? In fact, there was far more in the election manifesto, but with the spending period coming to an end in March 2025, grants (typically the mainstay income stream for early stage startups) will start tailing off this summer, for everything but the shortest projects. Investment and sales are now top priority, so tighten your belt. Meanwhile this week I have: 1)    Started planning for a grant-funded project which will start in October working with our Innovate UK innovation challenge winners (more news about that at the end of the year); 2)    Continued approaches to investors, including trips out of the office tomorrow and next week, continuing the warming process into the Summer; 3)    Finalised our Envestors #Envestry profile page ahead of a mail out by SETsquared Partnership tomorrow Here's a teaser, can you guess what is in the picture?

Policy Pillar: Future Made in Australia ignites the nation’s hydrogen ambitions. By Charlie Currie It felt like a long-awaited moment when Australian Treasurer, Jim Chalmers, stood up in the country’s Parliament in Canberra, to announce the government’s AUD $22.7bn ($15.2bn) Future Made in Australia (FMIA) Act framework, as part of his 2024-25 budget. Offering investments into renewable energy, clean energy manufacturing, economic and workforce development, innovation and technology, and more, over the next 10 years, the package is hoped to spur domestic manufacturing while accelerating the nation on its path to Net Zero. It came after the government announced it would respond to mammoth policies such as the US’ Inflation Reduction Act (IRA) and the European Net Zero Industry Act (NZIA), with the Chancellor claiming the package will help make Australia an “indispensable part” of the global economy. https://lnkd.in/d8yMYRtM

🚀 Big News for the UK's Net-Zero Journey! 🚀 The UK has taken a monumental step forward with the Final Investment Decision (FID) for the East Coast Cluster CCS pipeline — a powerful signal of the nation's commitment to decarbonisation and advancing a net-zero future. This milestone represents a major leap towards a cleaner, more sustainable energy system. Read more here: https://lnkd.in/gzTkTVDJ   💡 At Engineurs one of our 7 key pathways for impact is Carbon Capture, Usage & Storage (CCUS). As an engineering service provider, we see this as a transformative moment for the industry, unlocking new opportunities for infrastructure, innovation, and clean growth.   📅 Coming soon! We’re excited to share an exclusive CCUS case study, spotlighting the real-world impact of CCUS and the role of engineering excellence in driving scalable, sustainable solutions. Stay tuned next year as we reveal more about how next-gen technology is shaping the CCUS landscape.   ⚙️ We’re ready to lead from the front. From design to execution, commissioning, and operations, our team is equipped to support partners and clients on their decarbonisation journey. As momentum grows, we’re committed to making a lasting impact on the path to net zero.   💬 What do you think? How do you see the role of CCUS evolving in the coming years? Drop your thoughts in the comments — we’d love to hear from you!   #CCUS #Decarbonisation #CleanEnergy #NorthEastCluster #EngineeringExcellence #NetZero #Sustainability

🔍 Science-based knowledge is key: to deliver on the promises of the #GreenDeal, we need to invest in research and innovation! We joined over 100 associations in urging for a bigger budget in the next European Framework Programme for Research and Innovation 👉 https://lnkd.in/eCDAC-mf This is a key step in ensuring substantial investment is put in place to deliver on the Green Deal priorities and enhance Europe’s competitive advantage and leadership in net-zero technologies. Innovative actions, open trade and healthy competition are a must for Europe’s #energysecurity and resilience. EARTO - European Association of Research and Technology Organisations | Cefic | BusinessEurope | DIGITALEUROPE | WindEurope | #energy #energytransition #eletricity #electrification #decarbonisation

🚨 What are the four ‘I’s shaping Europe’s energy future? In an exclusive interview during #EnlitEurope, Kristian Ruby, Secretary General of Eurelectric, breaks down the top priorities for the incoming European Commission: 🔹 Implementation 🔹 Infrastructure 🔹 Investments 🔹 Industry Curious to learn more? Watch the full interview for insights on how Europe can supercharge its decarbonisation journey. 🎥 https://lnkd.in/d9NcKH7U #EnergyTransition #Policy #Decarbonisation Yusuf Latief

Our Dep. Chair Julia Prescot joined a panel at #innovationzero with Jonathan Brearley CEO of Ofgem, Rt Hon Chris Skidmore - author of the Skidmore Review of #netzero - and Ben Wilson of National Grid, and chaired by Rachel Solomon Williams, discussing the strategies needed to secure private #investment in the UK's #netzero industries and the wider transition to a low carbon economy. Opening the discussion, Julia told the audience of the scale of the investment challenge: the 2nd National #Infrastructure Assessment identified the need for private investment in infrastructure to rise from £30-£40 bn a year over the last decade to £40-£50bn a year in the 2030s & 2040s - incl. £25 bn to £35bn in #energy# alone over next 25 years for additional renewable regeneration, flexibility, and grid capacity - in order for the UK to transition to a #netzero economy and remain resilient to the impacts of climate change. With the UK competing in a global market for funds, making the UK an attractive place for investors depended, Julia said that success would depend largely on having three things in place: innovative business models that encouraged investable projects; a consistent & clear policy framework; and action on delays, particularly planning delays. You can read more about the NIA2 recommendations on #netzero on our website here: https://lnkd.in/e6ECyh2x

Great article by my PA Consulting colleagues Kim McCann and Karthik Ponniah, about how a future government can use the challenge of decarbonisation as once-in-a-generation opportunity to drive positive economic and social change across the country. To support this from an infrastructure delivery perspective, it would be great to see: ➡ Stable, joined-up Strategic Priorities and Outcome Delivery Plans across government departments – this will help to make sure that the kinds of initiatives Kim and Karthik refer to are incorporated into business cases for future infrastructure delivery. ➡ A greater focus and more openness to mixed public-private funding and financing models – to better utilise the future financial benefit offered by the energy transition to help pay for the new infrastructure needed to deliver it. At a practical level, this will help make sure that – across the economy – we build the right infrastructure to support this positive change, and also – through more innovative, outcome-focused funding, financing and commercial delivery approaches – drive positive change through the supply chain and the wider economy. #energytransition #sustainability #netzero #renewables https://lnkd.in/eFDx7w2B

If you enjoyed the article I posted yesterday, watch out for more in the coming weeks as PA Consulting experts explore ten questions to shape the next ten years - sign up for the whole series here: https://lnkd.in/eu4b3eb3