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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 across England as part of the Public Sector Decarbonisation Scheme, which will fund low carbon heating systems such as heat pumps as well as technologies such as rooftop solar.
The final key part of the government’s strategy revolves around new measuring rules for energy and carbon performance for commercial and industrial buildings in England and Wales. These could save businesses around £2 billion annually on energy costs by 2030, as well as reducing carbon emissions by 10%, or 2 million
£72m secured to transform the North West into a low carbon industrial cluster; hydrogen to play a key role
HyNet North West today (17
th March) shared news of the funding that will help accelerate a final investment decision in 2023 for the initial phase and become operational in 2025.
Funds of £33m were received from UK Research and Innovation (UKRI) through the Industrial Decarbonisation Challenge fund, and £39m was from consortium partner contributions.
An essential part in the UK Government’s 10-point-plan for a green industrial revolution, the project will help transition the UK to net zero greenhouse gas emissions by 2050.
“Delivering net zero requires a transformation of our energy system. We know we cannot reach net zero without decarbonising industry,” said David Parkin, Director of Progressive Energy and HyNet North West Project Director.
£72m funding announced for HyNet North West green energy project business-live.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-live.co.uk Daily Mail and Mail on Sunday newspapers.
Flights between City of Derry and Liverpool to be reinstated later this year
Loganair announced it will be taking on the service
The news will be welcomed by Liverpool fans.
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Ryanair had operated the service for many years but cancelled it in December.
The company said its decision was as a result of Brexit.
However, Loganair, which already operates a service between London and City of Derry Airport, has announced that it will also take on the Liverpool service later this year.
The flights will start on May 24 and tickets go on sale from tomorrow, March 9.
Loganair say the price for the flights will start at £44.99.