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Ed Davey acts on Scottish energy issues

Scottish clean energy generators and Scottish energy consumers are the focus of announcements being made today by UK Energy and Climate Change Secretary Edward Davey in a keynote address to the Low Carbon Investment Conference in Edinburgh.

He will announce:

  • a steering group to look into the concerns of the Scottish Islands on the speed of progress of renewable projects;
  • £20m funding for Carbon Capture and Storage R&D to benefit Scottish businesses;
  • a £5million competition for the most innovative local authority or third sector collective purchasing/switching initiatives.

Full press release available on the DECC website

With its superb natural – and human – resources, Scotland is central to our plans for a thriving low-carbon economy.

This country is home to a significant proportion of Britain's wind, wave and tidal energy, and almost all the hydro power.

Scotland has innovative companies and entrepreneurs; it has universities that specialise in energy research; and now Edinburgh hosts the UK's Green Investment Bank, due to be launched very soon.

Much of the work we do to attract investors to Britain's energy markets directly benefits Scottish businesses and Scottish communities.

So it's particularly appropriate that I should be here to talk about opportunities for low-carbon investment.

Speech by Edward Davey at the Low Carbon Investment Conference, Edinburg.
Full speech available on the DECC website

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