The UK's Modern Industrial Strategy

CLEAN ENERGY INDUSTRIES - In this Modern Industrial Strategy, the government says it will back its network of Investment Zones with £160m in funding over ten years to stimulate growth in key Clean Energy clusters, including in North East Scotland, North East England, South Yorkshire and the East Midlands and the West Midlands. - The government also argues in this strategy the net zero transition is also creating new demand for a wide range of climate, clean energy and environment services, which the UK is well-placed to capitalise on. - Accelerate grid connection timelines for major investment projects, using our regulatory levers and convening powers to reduce waiting times. Helping speed up the just transition to the electrification of key capital-intensive industries and the transport sector. The Modern Industrial Strategy backs Investment Zones with long-term funding to boost clean energy clusters, including in the North East and sets out plans to unlock net zero opportunities and speed up grid connections, supporting the green innovation ambitions at the heart of our stronger, fairer North East strategy.

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