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£8m for 6 net zero hubs

£8m for 6 net zero hubs 5 January 2021

Government unveils £8m to advance plans for six net zero industrial hubs (via Business Green)

By Cecilia Keating

A raft of industrial firms have been granted £8m to produce detailed decarbonisation roadmaps setting out how they could leverage clean energy technologies to slash emissions over the coming decade, as part of the government’s ambition to establish the “world’s first” net zero industrial hub in the UK by 2040.

Projects in the West Midlands, Tees Valley, North West, Humber, Scotland and South Wales are set to receive a share of the funding announced on Saturday, spearheaded by six regional consortiums comprised of industry, local authorities and public bodies.

The public–private consortiums behind the six projects receiving the latest funding are expected to embrace a range of solutions and technologies in their plans, including scaling hydrogen production to help shift heavy industry away from fossil fuels, carbon capture and storage (CCS) technology to prevent emissions from polluting the atmosphere, and greater use of renewable energy.

Cutting emissions from the country’s most carbon intensive industrial corridors is critical to the UK’s mission to reach net zero emissions by 2050, and the government is hoping to establish four low–carbon industrial hubs by the end of the decade, with a view to achieving net zero emissions at one pioneering cluster just 10 years later.

Energy Minister Kwasi Kwarteng said the funding boost would help the government meet its twin aims of tackling the UK’s regional inequalities and driving a ‘green’ economic recovery from the ongoing economic and health crises.

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

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