The UK Government has announced a £167 million funding boost for green technologies as part of plans to create 60,000 jobs across the country and “future-proof” Scotland’s polluting industries. The multi-million-pound investment, which will be awarded to innovators, businesses, academics, and heavy industry, will accelerate the delivery of the critical technologies needed to meet the UK’s climate targets.
The funding package announced includes:
• £60 million to support the development of low carbon hydrogen in the UK and to identify and scale up more efficient solutions to clean hydrogen from water using electricity.
• £37.5 million to fund the most extensive government program of greenhouse gas removal methods, helping cement the UK’s status as a world-leader in this technology.
• £20 million to support the development of the next generation Carbon Capture, Usage, and Storage (CCUS) technologies so they can be deployed at scale by 2030.
• £20 million to establish a new virtual Industrial Decarbonisation Research and Innovation Centre run by Heriot-Watt University will accelerate the decarbonization of key energy-intensive industries that currently make a significant contribution to UK emissions.
• £16.5 million through the Industrial Energy Transformation Fund to develop new technologies and processes that help energy-intensive sectors cut their emissions while reducing their energy bills.
• £8 million for projects to build innovations, such as repurposing textile waste, new clay production techniques for the ceramics industry, and concrete manufacturing that support the rapid recovery and sustainability of the UK industry.
• £4.7 million will establish a new Transforming Foundation Industries Research and Innovation Hub.
• £200,000 for Scotland’s Rural College, alongside partners University of Strathclyde, Agri-EPI Centre, and No Pollution Industrial Systems Ltd, to reduce the environmental impact of beef production
