In brief: ITM Power; Able UK; UK Steel Enterprise; IoD

ENERGY storage and clean fuel company ITM Power has been named as the electrolyser provider in the recently published California Energy Commission (CEC) staff report.

Sheffield-based ITM Power has been named in a consortium headed by Californian company Hydrogen Frontier, which has submitted a tender to install a hydrogen generation and fuelling facility at the Hyundai North America R&D facility.

The contract is subject to approval.
…
… 

THE decision on the planning application for the £450m Able Marine Energy Park has been put back by two months.

The Secretary of State for Transport, Patrick McLoughlin MP, was scheduled to make a decision by Friday, but has now decided to allow up to a further two months in order to fully complete negotiations on the lease of the river bed owned by The Crown Estate at Killingholme.
Able UK group development director, Neil Etherington, said: “With a development of this scale and this importance, both regionally and nationally, it is understandable that the Secretary of State would wish to see clarity on this issue.

“We are involved in discussions with The Crown Estate on this specific matter and, once complete, we hope that a decision on the application will be made as quickly as possible.”

The Marine Energy Park, covering almost 800 acres on the South Bank of the Humber, will provide state-of-the-art quayside facilities purpose-built for the manufacture, assembly and installation of offshore renewable technologies. 

…
…

UK Steel Enterprise has launched a new scheme to support business start-ups in Rotherham with a funding pot of £25,000, of which £15,000 will be targeted at young entrepreneurs.

UK Steel Enterprise is working in partnership with Rotherham Investment & Development Office (RIDO) and Rotherham Youth Enterprise to promote the new Kickstart Fund, which can provide a combination of loans and grants.
The company is a wholly owned subsidiary of Tata Steel.

Its Kickstart Fund provides grants of up to £500 to start-up businesses to purchase essential equipment and or services that can get them trading.

Its main investment fund provides business finance in amounts from £25,000 up to £750,000 to more established companies in South Yorkshire and other areas affected by changes in the steel industry.

…
… 

SHALE gas development could create tens of thousands of jobs, reduce imports, generate significant tax revenue and support British manufacturing, according to the Institute of Directors’ comprehensive new report, Getting shale gas working.

Senior economic adviser at the IoD and author of the report, Corin Taylor, said: “Shale gas could be a new North Sea for Britain, creating tens of thousands of jobs, supporting our manufacturers and reducing gas imports.

“Further exploration will be needed to assess the size of technically and commercially recoverable resources. At the same time, partnerships need to be established between industry, government and communities to ensure that development of this vital national resource benefits local people.”