Government unveils Net Zero Strategy

Building on last year’s 10 Point Plan, the UK Net Zero Strategy sets out an economy-wide plan that aims to support British businesses and consumers make the transition to clean energy and green technology.

The government believes its measures will ‘unlock up to £90bn of private investment by 2030 and support 440,000 jobs’.

As part of its strategy, the government has made an extra £350m available to support the electrification of UK vehicles and their supply chains. Another £620m is for targeted electric vehicle grants and infrastructure, particularly local on-street residential charge points.

Government grants available for heat pumps

PM maps out Britain’s Green Industrial Revolution

In heavy industry, an extra £140m is being made available through the Industrial and Hydrogen Revenue Support scheme to accelerate industrial carbon capture and hydrogen, which is expected to ‘bridge the gap between industrial energy costs from gas and hydrogen’ and help green hydrogen projects get off the ground. To this end, two carbon capture clusters - Hynet Cluster in North West England and North Wales and the East Coast Cluster in Teesside and the Humber – have been selected to lead Track 1 of a programme to decarbonise industry from 2025.