Vattenfall's response to the Prime Minister’s Ten Point Plan

Vattenfall

The Prime Minister set out his ambitious ten point plan for a green industrial revolution which will create and support up to 250,000 British jobs.

Covering clean energy, transport, nature and innovative technologies, the Prime Minister’s blueprint will allow the UK to forge ahead with eradicating its contribution to climate change by 2050, particularly crucial in the run up to the COP26 climate summit in Glasgow next year.

The plan – which is part of the PM’s mission to level up across the country - will mobilise £12 billion of government investment to create and support up to 250,000 highly-skilled green jobs in the UK, and spur over three times as much private sector investment by 2030.


Responding to the Prime Minister’s Ten Point Plan for a green industrial revolution, Danielle Lane, UK Country Manager for Vattenfall, the low carbon heat and power company, said: “Billions of pounds of investment are looking for a home in green technologies. The Prime Minister's show of support for low carbon industries and renewable energy lays the foundations for a financial powerhouse in the UK, employing hundreds of thousands of people. We now need to see 2021 as a year of delivery.

“This plan lays the groundwork for action in multiple areas, enabled by low-cost renewable power generation which is ready to be deployed now. Stimulating demand for hydrogen will be a game changer for hard to treat sectors such as heavy industry and transport, while electrification of ship to shore power will drive down maritime emissions. We also look forward to more detail on decarbonising heating next year- which is responsible for a third of UK emissions.

"This is a pivotal moment in the transition to a green economy and puts us on course for real progress in the fight against climate change as we run up to COP26."

More information on the plan can be found
here.