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.
Current 17th March 2021 read more »
The government has unveiled a package of new climate promises and funding announcements designed to catalyse the decarbonisation of heavy industry around the UK.
Business Green 17th March 2021 read more »
£1bn plan to decarbonise heavy industry misses the vital point. The thumping 170 page blueprint to turn Britain green is well-meaning but lacks ambition. ritain’s green credentials may be weaker than some of its neighbours, but in one area at least we remain an undisputed world leader.The recycling of green policy announcements is alive and well in Whitehall, hopefully contributing something meaningful to the bold ambition of building a zero emissions economy by 2050. With one eye on the Glasgow climate summit being hosted by the UK in November, ministers [yesterday] wheeled out a £1bn plan to decarbonise heavy industry – or what’s left of it. The headline spending figure was not new, although the report did contain fresh details of how the cash would be spent – £171m for nine green technology projects in Scotland, Wales and northern England and £932m earmarked for improvements to public buildings including LED lighting and insulation for dim and drafty schools, council offices and hospitals. The thumping 170 page blueprint to turn British industry green was welcome as far as it goes – but it lacked ambition and missed a vital point. Across the North Sea, where windmills are gradually replacing oil rigs, Norway, Sweden and Denmark are racing ahead with plans to turn decarbonisation into the biggest emerging industrial opportunity of the coming decade. They don’t just see it as a cost – but a chance to build their future prosperity on new, greener foundations. Norway, for example, is investing more than double the sum unveiled yesterday by Kwasi Kwarteng on a single £2bn mega project to commercialise Carbon Capture and Storage (CCS) in the North Sea. As Britain ponders whether to build a gigafactory for electric vehicle battery materials to keep its struggling car industry afloat, Sweden has already built one at Skelleftea in Lapland with oodles of government support doled out by both Stockholm and Berlin.
Telegraph 17th March 2021 read more »
Getting industry to go green will not come cheaply. The estimated cost of decarbonising the UK’s steel plants alone is between £6bn and £7bn – but there will be rewards for being first.
Telegraph 18th March 2021 read more »