The funding is awarded as part of the Industrial Decarbonisation Challenge, a key component of the government’s Clean Growth Strategy. The projects selected will identify process options to reduce carbon emissions, options for Carbon Capture Usage and Storage and for an infrastructure backbone to enable large scale CO2 emissions reduction across Wales and beyond.
The South Wales Industrial Cluster (SWIC)’s Roadmap and Deployment programmes have secured the funding. SWIC brings together major industrial companies in South Wales, working to develop the mechanisms and skills to achieve a world leading sustainable industry. Capital’s Construction, Energy and Projects team will provide expert legal advice and support to the deployment project.
As well as making a vital contribution to the UK’s journey to net zero 2050, SWIC’s programme has the potential to strengthen the economic resilience of Welsh industry and communities by ensuring operations in the region are sustainable for the long term. You can read more about it here: https://www.swic.cymru/news