The UK is doubling investment in clean energy industries to more than £30bn a year by 2035 under its 10-year industrial strategy that launches today [23 June].
But the initial 22-page document is light on specific details, beyond ‘prioritising investment’ for the so-called IS-8 categories (advanced manufacturing, defence, clean energy, digital and technology, creative, financial services, life sciences, and professional and business services).
The UK government claims the intervention will boosts 7,000 businesses that will see their electricity bills fall 25% from 2027, by up to £40 per megawatt hour.
… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld
You’ve reached your weekly limit to access free articles!
Want to keep reading?
Please register for free and create a profile to gain access to this full article and gasworld’s daily news.
For access to more content including our monthly digital magazines, subscriber-only features or columns and all our other gasworld archives, please consider subscribing.
Alternatively, you can continue reading more articles as a guest on Tuesday, 24th June at 11:33AM
