Noncommutative QFT and Renormalization
  Field theories on deformed spaces suffer from the IR/UV mixing and renormalization is generically spoiled. In work with R. Wulkenhaar, one of us realized a way to cure this disease by adding one more marginal operator. We review these ideas, show the application to $\phi^3$ models and use the heat kernel expansion methods for a scalar field theory coupled to an external gauge field on a $\theta$-deformed space and derive noncommutative gauge field actions. 
Harald Grosse and Michael Wohlgenannt