No new money: KNOC
KNOC has confirmed it will not put any more money on the table to try and complete its hostile £1.67 Bn (US $2.57 Bn) takeover of Dana Petroleum.
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Research grant for renewables
Published 20.01.2010 16:21:31 by John Bradbury
Britain's Department for Energy and Climate Change has issued a £1 m new research grant for work on renewable energy policy in the UK and the United Arab Emirates.Abu Dhabi's Masdar Institute and the DECC have agreed to jointly-fund the renewable energy policy research, supporting the International Renewable Energy Association (IRENA) which advises countries seeking to enact renewable energy legislation, by examining domestic energy policy which promotes the deployment of renewable energy technology.
The agreement was reached at the World Future Energy Summit taking place in Abu Dhabi today and the first report from a workshop from the research work will be presented at the next European Future Energy Forum which takes place in London at the ExCel centre between 19-21 October this year, under the umbrella of UK Trade and Investment.
Also the Masdar Institute has agreed to direct and host a partnership with government bodies and private companies which are looking to deploy low carbon technology.
Masdar has been established by the United Arab Emirates to fund global research into climate change mitigation measures and policy worldwide.
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