More public buildings and businesses will benefit from over half a billion pounds in funding to help reduce their energy bills and carbon emissions. Schools, pools, and hospitals will be supported to make energy efficient upgrades, with over £557 million government investment. The new projects will help reduce emissions and cut bills, as part of the government’s plan to reach its world-leading net zero targets in a sustainable, pragmatic way. Heat pumps, solar panels, insulation and low-energy lighting will be rolled out to reduce the use of fossil fuels across…
Read MoreTag: Department for Energy Security and Net Zero
New plans to drive carbon capture industry forward
A call for evidence launched recently to explore new ways to transport captured CO2 that would enable more UK industries to adopt carbon capture technology. Millions of tonnes of captured carbon dioxide (CO2) could be transported via road, rail, barge or ship, revolutionising the way it reaches offshore storage sites, helping more businesses cut emissions. On 7 May the government launched a call for evidence for innovative new options for transporting CO2, on top of the existing network of pipelines, supporting industry on the path to net zero. …
Read MoreUK Government announce new vision to create competitive carbon capture market follows unprecedented £20 billion investment
Green boost for the UK economy as Energy Secretary sets out plan to make the UK a global market for Carbon Capture, Usage and Storage. The plan – named the CCUS Vision – sets out how the UK will transition from early projects backed by government support to becoming a competitive market in this area by 2035, meaning UK companies will compete to build carbon capture facilities and sell their services to the world. This is expected to boost the economy by £5 billion a year by 2050 – making…
Read MoreNew vision to create competitive carbon capture market follows unprecedented £20 billion investment
Green boost for the UK economy as Energy Secretary sets out plan to make the UK a global market for Carbon Capture, Usage and Storage. The plan – named the CCUS Vision – sets out how the UK will transition from early projects backed by government support to becoming a competitive market in this area by 2035, meaning UK companies will compete to build carbon capture facilities and sell their services to the world. This is expected to boost the economy by £5 billion a year by 2050 – making…
Read More