Growing the supply chain for a Net Zero Energy System
Manufacturing capacity for key products may increase tenfold to meet demands for Net Zero delivery, and this will need to happen faster to support a move away from imported energy and improve energy efficiency. The potential for job creation in the UK today from the electricity supply chain is unprecedented. Manufacturers agree the level of investment needed is achievable but not under current market conditions.
Leading UK Trade Association BEAMA and the Energy Systems Catapult have today published a first of its kind analysis of the extent of infrastructure investment needed to meet Net Zero by 2050, revealing the huge opportunities that lie in the growth of green industrial sectors and job creation, forming a key part of the UK’s Green Industrial Revolution. This work reveals the criticality of investment in the next 5-10 years if we are to limit the overall cost of Net Zero.
Watch our launch event below: