Page 9 - Project Speed News Today

UK unveils major blueprint to spend £1bn to cut emissions from industry, schools and hospitals The new Industrial Decarbonisation Strategy sets the vision for the world’s first low carbon industrial sector, slashing emissions by two-thirds in just 15 years Image: Shutterstock The UK Government has unveiled an ambitious blueprint to deliver the world’s first low carbon industrial sector and more than £1 billion to reduce emissions from industry, schools and hospitals. The new Industrial D...

Deputy Editor, Current± The government has set out a blueprint to switch 20TWh of the UK industry’s energy supply from fossil fuel sources to low carbon alternatives, as part of its £1 billion Industrial Decarbonisation Strategy. To "kick start" this transition, the energy secretary today announced that £171 million from the Industrial Decarbonisation Challenge has been allocated to nine green tech projects around Britain. Additionally, £932 million has been directed to 429 projects acro...

By Jordan Marshall2021-03-17T13:21:00+00:00 Industrial decarbonisation strategy reveals details of project spending across the country  The government has unveiled details of a £1bn plan to drastically cut emissions from industry and the built environment over the next 15 years. Business secretary Kwasi Kwarteng has revealed the new industrial decarbonisation strategy, which aims to cut carbon emissions by two-thirds by 2035 and by 90% by 2050, compared with 2018 levels. Source: shutterst...

In November, the construction timeline for the £1bn road upgrade was cut in half following a review by the government’s Project Speed taskforce. Documents

Budget 2021: Leeds wins bank as infrastructure cash goes North The new National Infrastructure Bank will be based in Leeds, the chancellor revealed alongside other Budget announcements badged under the Government’s ‘leveling up’ agenda. The new bank will provide financing support to private sector and local authority infrastructure projects across the UK, to help meet government objectives on climate change and regional economic growth. The Treasury said the move would see it ‘benefitin...

The government has announced plans to provide £135m to help progress the £771m A66 TransPennine upgrade. The funding, revealed in today’s Budget announcement, will help kickstart work on the scheme and accelerate the start of construction to 2024. Budget documents said: “This builds on the Spending Review 2020 announcement that the construction phase will be halved from 10 to five years as part of Project Speed.” Highways England published an update on the road scheme in January, outlin...

Picture by Andrew Parsons/No 10 Downing Street Prime minister Boris Johnson has warned that rail infrastructure will be under pressure and could become intolerable as lockdown eases, unless industry delivers projects faster. At the launch of Project Speed, a new taskforce previously announced by the Department for Transport (DfT) and Network Rail to encourage industry collaboration and innovation, Johnson said: “In a few short months, if all goes according to plan, we in the UK are going to b...

Rail Project Speed aims to halve the duration, and significantly reduce the costs, of rail infrastructure work.

Photo: Government Finance Function In the spotlight: Treasury’s public spending chief Cat Little on how Covid changed the finance ministry – and ministerial red boxes 23 Feb 2021 After an extraordinary year, Cat Little reflects on how the Treasury and government finance function met the pressures of a pandemic with innovation Cat Little was not planning to run a Spending Review from her house. The Treasury’s director general of public spending found out she was going to move from ...

By Stuart Maister 2020-12-22T06:00:00+00:00 Efforts to accelerate projects must start with culture not process, writes Stuart Maister If covid has accelerated history then in some aspects of the construction sector that may be a good thing. In 1994 Sir Michael Latham published the seminal report into the UK construction industry, Constructing the Team. Twenty-five years later his call for collaboration not confrontation and a healthier client/contractor relationship with ‘better rewards...