19/10/2017
Clean Growth Strategy (UK)
A new strategy setting out how £2.5bn will be invested between 2015 and 2021 in ‘low carbon innovation’ that can generate jobs and prosperity across the UK, while meeting ambitious national targets to tackle climate change, has been launched by the Dept for Business, Energy and Industrial Strategy.
The £2.5bn of existing government spending on low carbon technologies outlined in the strategy will be part of the “largest increase in public spending on science, research and innovation in more than 3 decades”. It covers programmes relating to energy, transport, agriculture and waste.
430,000 jobs have already been created in low carbon businesses and their supply chains. DBEIS claims the policies outlined in ‘Clean Growth Strategy’ could help fuel growth in the low carbon economy of 11% pa between 2015 and 2020 – greater than the rest of the economy.
The £2.5bn spend includes up to £505m from the DBEIS’ Energy Innovation Programme, which is concerned with accelerating the commercialisation of innovative clean energy technologies and processes within the following themes
- smart systems (@£70m)
- energy efficiency and heating in the built environment (@£90m)
- industrial decarbonisation and carbon capture, use and storage – CCUS (@£100m)
- nuclear innovation (@£180m)
- renewable innovation (@£15m)
- support for energy entrepreneurs and green financing (@£50m)
The strategy also focuses on a range of measures concerned with
Improving our homes **
- eg, by investing around £3.6bn to upgrade around 1m homes through the Energy Company Obligation and extend support for home energy efficiency improvements at least at the current ECO level to 2028
Low carbon transport
- eg, by ending the sale of all new conventional petrol and diesel cars and vans by 2040 and spending £1bn supporting the take-up of ultra low emission alternatives
Clean, affordable energy
- eg, by phasing out of the use of unabated coal to produce electricity by 2025 and providing up to £557 million for further Contract for Difference auctions for less established technologies, such as offshore wind. The next one is planned for spring 2019
Agriculture and natural resources
- designing a post Brexit system of agricultural support that will focus on delivering better environmental outcomes and establishing a new network of forests in England in support of a commitment to plant 11m trees
** Overcoming barriers to energy efficiency
Views and ideas for action in seven areas where barriers may be preventing investment in energy efficiency in homes on either the demand or supply side are sought in a call for evidence issued by the Dept for Business to fulfill an obligation set out in the ‘Improving our homes’ section of the Clean Growth Strategy.
‘Building a market for energy efficiency: call for evidence’ also seeks views on the role of government in overcoming these barriers and stimulating the market through more direct interventions.
The areas where action may be needed are identified as
Demand side
- developing new methods for financing energy efficiency
- price signals tied to the energy efficiency of properties
- improving awareness of energy efficiency products and technologies, their benefits and advice to consumers
Supply Side
- creating the conditions where those who derive value from energy efficiency can be key players in the market
- enabling innovative energy efficiency products and services
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