Following on from yesterday’s (7 April) energy security strategy, the government has launched a £375 million support package for nuclear, hydrogen and carbon capture, utilisation and storage (CCUS).
The government has laid out its plans for reaching net zero by 2050, including new EV charging funding, a review of the frequency of Contracts for Difference (CfD) auctions and green finance and innovation commitments.
The CBI is calling on the government to “step up” and release concrete strategies for transport and heat after a lack of detail in the Ten Point Plan.
Over 60,000 green jobs are to be created as the result of £166.5 million of funding announced today (24 May) by the Department for Business, Energy and Industrial Strategy (BEIS).
Unleashing 400 milestones for reaching net zero by 2050, the International Energy Agency (IEA) has warned that "the world has a huge challenge ahead of it".
Measures to improve the UK's green infrastructure - including the creation of a UK infrastructure bank, a ramping up of electric vehicle policy and funding for hydrogen and carbon capture and storage - have been detailed by the government.