Scotland's Economy

  • Renewable heat scheme for Scotland’s SMEs

    28th October 2020 by

    A £4 million cashback grant scheme to encourage small and medium-sized businesses (SMEs) to improve energy efficiency and install renewable heating has been launched by the Scottish Government. SMEs will be able to apply for a 75% cashback grant of up to £10,000 towards the cost of a renewable heating system and a further 30%...

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  • Paul Wheelhouse on Scotland’s energy sector

    11th December 2019 by

    This year was a significant one for Scotland’s energy sector, most notably with the Scottish Government declaring a climate emergency, and outlining our commitment to become a net-zero emissions economy and society by 2045. Our Programme for Government (PfG) outlined the key role renewable energy sources will play in reducing emissions and decarbonising Scotland’s transport...

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  • Renewable electricity at record levels

    27th June 2019 by

    Renewable electricity generation in Scotland reached record levels in the first quarter of 2019, the latest figures from the Department for Business, Energy and Industrial Strategy (BEIS) show. In the first quarter of 2019 renewable generation in Scotland was 8,877 GWh, which is enough to power around 88% of Scottish households for a year. This...

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  • This week: 12/4/2019

    12th April 2019 by

    Offshore wind summit announced Trade unions, offshore wind developers, supply chain companies and government will come together to look at maximising the offshore wind farm sector. The Scottish Government and UK Government will host the Edinburgh summit to look at how UK companies can benefit more from the build-out of offshore wind farms in UK...

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  • Energy networks to secure low carbon future

    13th March 2019 by

    The role our energy networks will need to play if we are to secure a low carbon future has been outlined. The Electricity and Gas Networks Vision Statement follows extensive engagement with stakeholders including consumer representatives, Scotland’s electricity and gas network businesses and the energy regulator Ofgem. The Statement: Underlines the need for our electricity...

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  • This week: 01/2/19

    1st February 2019 by

    Stage 1 budget debate Yesterday’s debate at parliament saw stage one of the budget passed with health services, the economy and public services benefiting from more than £2 billion of additional spend. As he confirmed an agreement had been reached that will see the Scottish Budget passed at all stages by the Scottish Parliament, Finance...

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  • Scotland and Poland: European partners

    23rd January 2019 by

    Despite the uncertainty over Brexit, Scotland remains open for business and the EU remains our single largest market for international exports. During a recent trade show in Germany, an emerging consortia of Polish Energy majors and trade bodies expressed an interest in learning more about Scottish experience and expertise in planning, developing, and managing major...

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  • This week: 11/01/19

    11th January 2019 by

    Tay Cities Investment The First Minister announced an additional £50 million investment in the Tay cities area to support manufacturing, businesses and the delivery of the Cross Tay Link Road. Read more FiSAB Meeting Economy Secretary Derek Mackay and Public Finance Minister Kate Forbes attended the first FiSAB meeting of the year to discuss skills,...

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  • This week: 21/12/2018

    21st December 2018 by

    £2m to assist Glasgow’s fire recovery Around £1.85 million of the Scottish Government’s Fire Recovery Fund is to be used by Glasgow City Council to provide business rates relief and support business recovery. Every business in the immediate fire cordon area and eligible businesses in the wider Sauchiehall Street area will receive 100% business rates...

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  • This week 7/11

    7th December 2018 by

    Small Business Saturday Did you know there are over 340,000 small businesses in Scotland? The Scottish Government is investing over £1.25 billion in City Region Deals, looking to benefit small businesses by invigorating local economies. Read more here   Review of employability services Minister for Business, Fair Work and Skills Jamie Hepburn announced how the...

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