Funding announced for net zero industrial zone

Six projects across the UK have received a share of £8 million in government funding as part of a drive to create the world’s first net zero emissions industrial zone by 2040.

Projects in the West Midlands, Tees Valley, North West, Humber, Scotland and South Wales will see local authorities working with industry to develop plans to reduce carbon emissions.

All six areas receiving funding have high concentrations of industrial activity and will get a share of up to £8 million towards the development of decarbonisation plans.

Energy Minister Kwasi Kwarteng said:

“The UK is leading the world’s green industrial revolution, with ambitious targets to decarbonise our economy and create hundreds of thousands of jobs. As we continue to level up the UK economy and build back greener, we must ensure every sector is reducing carbon emissions to help us achieve our commitment to net zero emissions by 2050.

“This funding will help key industrial areas meet the challenge of contributing to our cleaner future while maintaining their productive and competitive strengths.”

The Industrial Clusters Mission aims to support the delivery of 4 low-carbon regional zones by 2030 and at least one net zero green hotspot by 2040, kickstarted by the government’s £170 million Industrial Decarbonisation Challenge.

The six winners will now produce detailed plans for reducing emissions across major areas of industrial activity, where related industries have congregated and can benefit from utilising shared clean energy infrastructure, such as carbon capture, usage and storage (CCUS) and low-carbon hydrogen production and distribution.

All the winners have produced initial plans for reducing emissions across major industrial clusters across the UK and, in subsequent years, will build on these preliminary successes by bringing together industry and public sector bodies in a comprehensive effort to devise a route to net zero emissions.

Bryony Livesey, UKRI Challenge Director, Industrial Decarbonisation, said:

“This is a crucial step in the government’s plans to develop cost-effective decarbonisation in industrial hubs that tackle the emissions challenge UK industry faces. The move to low carbon industry is a huge opportunity, with the chance for the UK to take the lead and seize a large share of a growing global market.”

Continue Reading

Sign up to our newsletter to keep up-to-date with all the latest industry updates