Growing the supply chain for a Net Zero Energy System
DOWNLOAD THE REPORT HERE
Manufacturing capacity for key electrical products may increase tenfold to meet demands for Net Zero delivery, and will need to happen at a faster pace 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 and 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 published a first of its kind analysis of the extent of infrastructure investment needed to meet Net Zero by 2050.
The report reveals 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.