New research warns that without further investment, the UK’s electricity network will become significantly constrained [1] from 2030 as the economy electrifies. Report from the UK Energy Research Centre (UKERC) and the Aldersgate Group finds that 42% of large industrial sites could experience power constraints in 2030, increasing to 77% in 2050. It highlights that industrial decarbonisation through electrification can accelerate emissions reductions and drive UK competitiveness, but that grid upgrades are crucial to enable this progress. Industrial decarbonisation is fundamental to delivering net zero and driving future economic growth.…
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An emerging green skills gap in the Financial Service sector risks Net Zero goals
The demand for green finance jobs is on the rise but significant regional disparities exist across the UK. The Aldersgate Group has supported PwC in the development of this new report investigating the green skills gap in the finance sector. The UK financial services sector faces an emerging green skills gap and is not moving fast enough to close it, jeopardising the UK’s Net Zero goals, according to the latest report by PwC in its Green Jobs Barometer series. The report, in collaboration with Financial Services Skills Commission (FSSC) and…
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