Mar 23, 2006
By David Adam
A new public-private partnership to develop greener energy was announced by the chancellor.
The National Institute for Energy Technologies aims to raise pounds 1bn to introduce technology such as cleaner coal-fired power stations and ways to dump carbon dioxide under the seabed.
It will build on a broader initiative called the Energy Research Partnership announced in January under the leadership of David King, the government's chief scientific adviser, and Paul Golby, head of the energy company E.ON UK. BP, Shell, and the French utility company EDF Energy will also be involved.