The UK prime minister Boris Johnson has revealed a new ten-point for a Green Industrial Revolution which will see the UK become carbon neutral by 2050.
The plan covers clean energy, transport, nature and new technologies. It will benefit from £12 billion of government money, and the government expects the plan to generate more than three times this much private sector investment by 2030. It could lead to the development of up to 250,000 skilled jobs.
Peter Davidson, executive director of the Tank Storage Association (TSA) believes the tank storage sector will have an important role to play in meeting the targets.
‘Meeting these ambitious commitments will undoubtedly require well-coordinated efforts and collaboration between Government and all partners. TSA members are a critical part of the supply chain ensuring existing and future products reach their customers. As essential partners in the energy transition, we stand ready to work with Government and are determined to ensure that our sector can support and facilitate access to the broad mix of solutions that will be necessary to meet the UK’s net-zero goals,’ he says.
The TSA released a report in January 2020 on its vision for the future of the tank storage sector – Enabling the energy transition: the role of the bulk liquid storage sector – which includes recommendations and highlights the achievements the sector has already made for sustainability.
The UK government’s ten-point plan includes quadrupling wind generation to 40 GW by 2030, enough for every home in the UK, generating 5 GW of low-carbon energy from hydrogen for industry by 2030, supporting nuclear energy generation, and accelerating the transition to electric vehicles, including banning the sale of new petrol and diesel cars and vans by 2030 and investing in infrastructure to support electric vehicles. It will achieve this by investing £1.3 billion in chargepoints, offering £582 million in grants for those buying zero or ultra-low emission vehicles, and spending £500 million to develop and produce electric vehicle batteries. It will invest in zero-emission public transport, cycling and walking.
Up to £500 million will be spent on trialling hydrogen for use in homes, with a ‘hydrogen neighbourhood’ planned for 2023, a ‘hydrogen village’ by 2025, and a ‘hydrogen town’ by 2030. £240 million will be spent on new hydrogen production facilities.
The government says it will also support research into zero-emission planes and ships, invest £1 billion in making homes, schools and hospitals more energy efficient, and protect the natural environment, including by planting 30,000 trees per year. It will seek to become a world leader in carbon capture and storage (CCS) by investing £200 million to create two CCS clusters by the mid-2020s, and two more by 2030.
The government plans to make the City of London the global centre of green finance through the development of cutting-edge technologies to achieve its aims.
‘Although this year has taken a very different path to the one we expected, I haven’t lost sight of our ambitious plans to level up across the country. My Ten Point Plan will create, support and protect hundreds of thousands of green jobs, whilst making strides towards net zero by 2050,’ said Johnson. ‘Our green industrial revolution will be powered by the wind turbines of Scotland and the North East, propelled by the electric vehicles made in the Midlands and advanced by the latest technologies developed in Wales, so we can look ahead to a more prosperous, greener future.’