The UK government plans to invest £960 million in green industries to accelerate manufacturing in net zero sectors. The investment will support clean energy supply chains, focusing on offshore wind, electricity networks, nuclear, CCUS, and hydrogen. This is part of a larger package of £4.5 billion to support strategic manufacturing sectors. Power network reforms will also be implemented to accelerate electrification and address underinvestment in electricity grids.
Resource: https://www.esgtoday.com/uk-to-invest-over-1-2-billion-to-boost-green-industries/