Industry reacts to Clean Growth Strategy announcement

Industry reacts to Clean Growth Strategy announcement

"The impact of the Paris agreement and the unstoppable global shift towards low carbon technologies gives the United Kingdom an unparalleled opportunity", added Climate Change and Industry Minister Claire Perry.

"Clean Growth is at the heart of the Industrial Strategy, and the United Kingdom government is determined to unlock opportunities across the United Kingdom, while cutting carbon emissions as the world moves to towards a low carbon future".

"But meeting the UK's carbon targets is ultimately a numbers game and the real proof will be in the delivery".

The government will also work with the industry to develop a Sector Deal for offshore wind, which could lead to 10 GW of new capacity in the 2020s with potential for more if this is cost effective, according to the document. "They have listened to the industry by providing a clearer longer-term trajectory for improving the energy efficiency standards of existing homes, and adopted our own aspiration for upgrading as many of these as possible to EPC Band C by 2035".

In a boon for carbon capture usage and storage (CCUS) technology proponents, the plan promises to invest £100m in "leading edge CCUS and industrial innovation to drive down costs", and to set up a CCUS Council in partnership with industry to help develop the option of deploying the technology at scale in the United Kingdom and to "maximise its industrial opportunity".

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Moreover, the government says it will build and extend heat networks across the country, backed by public funding to 2021 as allocated in the 2015 spending review, and invest around £184m - including two new £10m innovation programmes - in home efficiency and heating technologies.

The funding is planned to be made available to less established renewable technologies through Contracts for Difference (CfD) auction.

The plan aims to ensure an affordable energy supply for businesses and consumers, increase productivity, create jobs and help protect the climate and environment. Technologies categorized as "less established" in CfD regulations include offshore wind; advanced conversion technologies, with or without combined-heat-and-power (CHP); anaerobic digestion, with or without CHP; dedicated biomass with CHP; wave; tidal stream; and geothermal, with or without CHP.

The highly anticipated strategy comes nine months after it was promised, having been beset by delays from political events such as last year's European Union membership referendum, subsequent Brexit negotiations and June's General Election.

"The government's Clean Growth Strategy will set out how the whole of the United Kingdom can benefit from the global move to a low carbon economy", explained Energy Minister Richard Harrington. Emissions are down by 42 percent, while the economy has grown by 67 percent.

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