News in Numbers
The UK Government will invest an additional £1.3bn into the planned Sizewell C nuclear plant, in addition to the £700m funding pledge in November 2022 and another £511m agreed last summer.
GlobalData analytics suggest that the power industry is continuing a trajectory of growth, accounting for 3% of all posted jobs in the third quarter (Q3) of 2023, up from 0.4% in Q3 2022.
Tata Power has signed an MOU with the Government of Gujarat to build 10GW of renewable energy projects, including solar, wind and hybrid, in the state.
The UK Government has announced to commit to quadrupling its nuclear-power capacity, reaching 24GW, by 2050.
Germany’s GHG emissions hit a seven-decade low in 2023, producing 673t of GHG emissions last year – 73t less than in 2022 and its lowest since the 1950s.