Carbon capture, usage and storge (CCUS) and hydrogen projects are among key initiatives to gain investment as part of the government’s new Industrial Decarbonisation Strategy, announced today.
The strategy is “an ambitious blueprint” to deliver the world’s first low-carbon industrial sector and includes over £1bn of funding to cut emissions from industry, schools and hospitals.
To kick start the process, £171M from the Industrial Decarbonisation Challenge has been allocated to nine green tech projects in Scotland, South Wales and the North West, Humber and Teesside in England, to undertake engineering and design studies for the rollout of decarbonisation infrastructure, such as CCUS and hydrogen.
UK unveils major blueprint to spend £1bn to cut emissions from industry, schools and hospitals
The new Industrial Decarbonisation Strategy sets the vision for the world’s first low carbon industrial sector, slashing emissions by two-thirds in just 15 years
Image: Shutterstock
The UK Government has unveiled an ambitious blueprint to deliver the world’s first low carbon industrial sector and more than £1 billion to reduce emissions from industry, schools and hospitals.
The new Industrial Decarbonisation Strategy, which builds on the Prime Minister Boris Johnson’s Ten Point Plan for a Green Industrial Revolution published last year, sets out the government’s vision for building a competitive and greener future for the manufacturing and construction sectors.
Deputy Editor, Current±
The government has set out a blueprint to switch 20TWh of the UK industry’s energy supply from fossil fuel sources to low carbon alternatives, as part of its £1 billion Industrial Decarbonisation Strategy.
To kick start this transition, the energy secretary today announced that £171 million from the Industrial Decarbonisation Challenge has been allocated to nine green tech projects around Britain.
Additionally, £932 million has been directed to 429 projects across England as part of the Public Sector Decarbonisation Scheme, which will fund low carbon heating systems such as heat pumps as well as technologies such as rooftop solar.
The final key part of the government’s strategy revolves around new measuring rules for energy and carbon performance for commercial and industrial buildings in England and Wales. These could save businesses around £2 billion annually on energy costs by 2030, as well as reducing carbon emissions by 10%, or 2 million
By Jordan Marshall2021-03-17T13:21:00+00:00
Industrial decarbonisation strategy reveals details of project spending across the country
The government has unveiled details of a £1bn plan to drastically cut emissions from industry and the built environment over the next 15 years.
Business secretary Kwasi Kwarteng has revealed the new industrial decarbonisation strategy, which aims to cut carbon emissions by two-thirds by 2035 and by 90% by 2050, compared with 2018 levels.
Source: shutterstock.com
The previously-announced £1bn fund follows on from the government’s 10-point plan for achieving net zero.
As part of the strategy the government has revealed details of how £171m has been allocated to nine green tech projects.
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