Member Info for LSE03

https://www.newsletter.co.uk/business/demolition-work-begins-at-harland-and-wolff-shipyard-in-preparation-for-ps16-billion-fss-warship-programme-4122381

And in Belfast Newsletter

https://m.belfasttelegraph.co.uk/business/northern-ireland/study-backs-storage-of-hydrogen-in-caves-under-larne-lough/1305465535.html

Kaeren has posted this earlier but reposting today to say good to see Belfast Telegraph explaining the position ahead of the judicial review next week.

https://www.bbc.co.uk/news/uk-scotland-65331660.amp

Hopefully H&W can help support Calmac to move to a better operational position from where they are.

https://www.bbc.co.uk/news/uk-england-hampshire-65366827.amp

https://www.dailymail.co.uk/news/article-12003445/amp/Stricken-3-2BN-Royal-Navy-aircraft-carrier-HMS-Prince-Wales-reduced-acting-scrap-yard.html

https://maritime-executive.com/article/belfast-s-famed-harland-wolff-delivers-first-new-built-in-20-years

https://www.bbc.co.uk/news/uk-northern-ireland-65353068.amp

Nice press:)

Sorry all, seems I got a bit overexcited on that one.

"The Denholm Group has a 26% shareholding in Anglo-Eastern, one of the world's leading ship management companies that technically manages over 630 ships from offices around the world."

Wow :)

Great spot Kaeren and as you say excellent hire

https://www.gov.uk/government/news/pm-meeting-with-taoiseach-varadkar-of-ireland-19-april-2023

"They both agreed on the huge economic potential of the people of Northern Ireland and the Prime Minister outlined the UK Government’s work to increase investment in Northern Ireland.

Reflecting on the strong ties between the UK and Ireland, the Prime Minister said that our countries share many interests and values. He expressed his hope that we will be able to deepen collaboration on shared challenges such as energy security, cyber security and sustainability.

The leaders agreed to stay in close touch."

https://amp.theguardian.com/world/2023/apr/19/russian-spy-network-operating-in-north-sea-investigation-claims

I don't think many are surprised by this activity but arguably critical national infrastructure energy assets like onshore storage facilities for gas/hydrogen can be better protected than offshore assets which should be a national govt consideration for energy security/resilience purposes.

https://www.current-news.co.uk/energy-bill-amendment-grants-ofgem-net-zero-mandate/

"The change would empower Ofgem to ramp up the pace and scale of investment in new grid infrastructure, in turn enabling the roll out of more wind, solar and tidal stream projects. At the moment some wind farms are waiting for more than ten years to get a connection. This reform would allow us to build a grid that’s fit for purpose for the twenty-first century.

Refreshing Ofgem’s mandate so that it better enables the UK’s shift to clean energy is ultimately in the interest of billpayers, as renewable projects are our cheapest source of new power, lowering energy bills as well as strengthening Britain’s energy security.”

Lawrence Slade, Chief Executive of Energy Networks Association, added: “Yesterday’s vote in the Lords reinforced the shared view of industry and civil society, that we must have a regulator which is fully aligned with net zero.”

“As we build the energy system of the future, it’s critical that we all pull in the same direction to secure the scale of investment needed in everything from heat pumps to hydrogen and turbines to pylons.”

Thankyou Lottie :) very helpful.

https://www.offshore-energy.biz/eu-gas-tsos-launch-international-tender-for-hydrogen-corridor-pre-feasibility-study/

https://www.pv-magazine.com/2023/04/18/the-hydrogen-stream-chinese-companies-push-for-hydrogen-transport/

Seems NI well positioned to do this

https://www.power-technology.com/tech/hydrogen/islandmagee-green-hydrogen-gas-storage-project-salt-caves/

https://www.heraldscotland.com/news/homenews/23458828.scots-firms-get-nothing-220m-ferry-deals-given-turkey/

Seems to be a detailed summary of the ferry building fiasco in Scotland with some surprising details on low level of Scotland Supply Chain involvement.

Also quotes financial thresholds and what the Procurement Reform ( Scotland ) Act expects for tender acceptance.

"MINISTERS have come under fire over a "scandal" which has seen Scots companies playing no part in building vital new lifeline vessels in Turkey to help end the nation's ferry fiasco."

"The ground-breaking Procurement Reform (Scotland) Act 2014 when it was brought in was seen by many as a welcome move away from contracts awarded only on the basis of the lowest price towards those which offer the best long-term outcomes for Scotland’s communities and the environment.

Public contracts valued at £4m or above have specific requirements in relation to community benefits in the authority area that a contract is issued.

These should include training and recruitment, the availability of sub-contracting and supplier opportunities, and that it is intended to improve the economic, social or environmental well-being of the area.

If no community benefits are sought in a contract, a statement must be published justifying the decision."

https://www.miragenews.com/uk-export-finance-to-provide-10bn-boost-for-979944/
UK Export Finance has been granted an extra £10 billion of capacity to drive more UK exports, raising its maximum exposure limit from £50 billion to £60 billion.

The additional capacity will ensure the export credit agency’s continued ability to support UK exporters and to deliver on its mission: to advance prosperity by ensuring no viable UK export fails for lack of finance or insurance, doing that sustainably and at no net cost to the taxpayer.

UKEF CEO Tim Reid said:
This is fantastic news for the UK companies that we are here to support. It means we can help more British businesses export and will enable us to support more jobs and help to fuel growth.

https://www.energylivenews.com/2023/04/17/ccc-ni-must-restore-power-sharing-government-for-net-zero-success/