BEIS Releases Much Anticipated ‘Clean Growth Strategy’

BEIS Releases Much Anticipated ‘Clean Growth Strategy’

The Department for Business, Energy & Industrial Strategy (BEIS) has published its long awaited Clean Growth Strategy, a plan with the aim to reduce greenhouse gas emissions in the UK between now and 2032.

The Clean Growth Strategy sets the UK “on a path to a low carbon future” according to the Department for Business, Energy and Industrial Strategy (BEIS), setting out more than £2.5bn investment in new clean technologies and infrastructure.

After two years of waiting, the plan outlines 50 measures to cut emissions from buildings, transport, electricity and heating. The strategy also includes a range of long term targets, a target timeline and specific measurement targets.

Business and Energy Secretary Greg Clark stated that, “This government has put clean growth a the heart of its industrial strategy to increase productivity, boost people’s earning power and ensure Britain continues to lead the world in efforts to tackle climate change.”

“For the first time in a generation, the British government is leading the way on taking decisions on new nuclear, rolling out smart meters and investing in low carbon innovation. The world is moving from being powered by polluting fossil fuels to clean energy. It’s as big a change as the move from the age of steam to the age of oil and Britain is showing the way.”

Climate Change and Industry Minister Claire Perry said, “The impact of the Paris agreement and the unstoppable global shift towards low carbon technologies gives the UK an unparalleled opportunity.”

“By focusing on Clean Growth, we can cut the cost of energy, drive economic prosperity, create high value jobs and improve our quality of life.”

Key points from the ‘Clean Growth Strategy:

Funding through BEIS Energy Innovation Programme includes:

  • up to £10 million for innovations that provide low carbon heat in domestic and commercial buildings
  • up to £10 million for innovations that improve the energy efficiency of existing buildings
  • an extra £14 million for the Energy Entrepreneurs Fund, including a new sixth fund
  • up to £20 million in a Carbon Capture and Utilisation demonstration programme
  • up to £20 million to demonstrate the viability of switching to low carbon fuels for industry
  • up to £20 million to support clean technology early stage funding

Business and industry efficiency

  • Develop a package of measures to support businesses to improve their energy productivity, by at least 20% by 2030.
  • Establish an Industrial Energy Efficiency scheme to help large companies install measures to cut their energy use and their bills.
  • Demonstrate international leadership in carbon capture usage and storage (CCUS), by collaborating with our global partners and investing up to £100 million in leading edge CCUS and industrial innovation to drive down costs.

Improving energy efficiency in homes:

  • Support around £3.6 billion of investment to upgrade around a million homes through the Energy Company Obligation (ECO), and extend support for home energy efficiency improvements from 2022 to 2028 at least at the current level of ECO funding.
  • All fuel poor homes to be upgraded to Energy Performance Certificate Band C by 2030 and our aspiration is for as many homes as possible to be Energy Performance Certificate Band C by 2035 where practical, cost effective and affordable.
  • Develop a long term trajectory to improve the energy performance standards of privately-rented homes, with the aim of upgrading as many private rented homes as possible to Energy Performance Certificate Band C by 2030 where practical, cost effective and affordable.

Low carbon transport

  • The government has announced an end to the sale of all new conventional petrol and diesel cars and vans by 2040
  • Spend £1 billion supporting the take-up of ultra low emission vehicles, including helping consumers to overcome the upfront cost of an electric car
  • Develop one of the best electric vehicle charging networks in the world
  • Work with industry as they develop an Automotive Sector Deal to accelerate the transition to zero emission vehicles
  • Invest around £841 million of public funds in innovation in low carbon transport technology and fuels

“The Clean Growth Strategy reinforces our clear commitment to reduce emissions across the UK and to end the sale of all new conventional petrol and diesel cars and vans by 2040.” stated Minister Jesse Norman.

We are a world leader in ultra-low emission technology, spending £1 billion to support the uptake of these cleaner vehicles and the creation of one of the best charging networks in the world.

Advances in low carbon transport technology can significantly boost economic growth and air quality, and we will continue to work with companies to maximise these benefits for all.

Clean, affordable energy

  • Phase out the use of unabated coal to produce electricity by 2025
  • Provide up to half a billion pounds for further Contract for Difference auctions for less established technologies, such as offshore wind, with the next one planned for spring 2019
  • Work with industry as they develop an ambitious Sector Deal for offshore wind, which could result in 10 gigawatts of new capacity, with the opportunity for additional deployment if this is cost effective, built in the 2020s
  • Deliver new nuclear power through Hinkley Point C and progress discussions with developers to secure a competitive price for future projects in the pipeline

To view ‘The Clean Growth Strategy: Leading the way to low carbon future’, please click here: http://bit.ly/2wPfUCp