Cleantech for UK

⚡Recharge, refocus, rebuild: Cleantech for UK’s Manifesto for the general election⚡ Our nation stands at the threshold of a transformative moment. Over the course of the next political mandate, we can generate thousands of new jobs for citizens in all regions of the UK and usher in a fresh era of prosperity and net zero industry. Currently, all major economies are competing vying for the lead in a global #cleantech race, and the UK must take decisive action to maintain its #competitiveness.  Today, at the The Royal Institution, Cleantech for UK unveiled its manifesto, outlining the following three priorities to secure our cleantech industrial leadership:   ⚡ Recharge the cleantech economy by closing the scaleup funding gap  🎯 Refocus on enabling policy  💡 Rebuild British leadership in key cleantech sectors At the launch event our Director, Sarah Mackintosh moderated an expert panel consisting of Jon Fuller (Breakthrough Energy ), Ed Phillips (Future Planet Capital), and Joe McMullen (AirEx Technologies) discussing their lived experiences in the cleantech field. The panellists shared their perspectives on their sector’s needs and the hurdles they observe for massively scaling and deploying cleantech solutions in the UK.  For more information, you can access the Manifesto linked here or via the image posted below: https://lnkd.in/gUbm8WTj We'd like to thank Undaunted: Tackling climate change with innovation for hosting us at the Royal Institution. Many thanks as well to our panel for taking the time to share their insights, and to everyone who attended the event! 2150 Zero Carbon Capital Clean Growth Fund Kiko Ventures Deep Science Ventures Green Angel Ventures Octopus Ventures Legal & General

📣 THE UK NEEDS A FIRST-OF-A-KIND TASKFORCE 📣 Today, we are excited to share our latest report, detailing how Britain can secure £7.5bn of investment in pioneering green technologies by 2030, creating up to 50,000 high-skilled jobs across the country. The report was presented last night at a small discussion hosted together with Octopus Electric Vehicles, joined by officials from Department for Business and Trade & HM Treasury. Our study, conducted together with Earth Set, examines how to catalyse both public and private investment into first-of-a-kind (FOAK) clean technology projects – breakthrough innovations ready for commercial scale. These include sustainable aviation fuel, nuclear for maritime transport, and green hydrogen production. Whilst the UK leads Europe in overall cleantech investment, funding for these pioneering projects remains challenging due to their unique risk profile and significant capital requirements. We interviewed 15 cleantech innovators and leaders, who all highlighted a range of barriers to scaling cleantech in the UK, ranging from a lack of sufficient domestic funding, inflexible and outdated regulation, as well as infrastructural hurdles such as severe delays in grid connection and planning processes. Our recommendations include: 💡 Establish a FOAK taskforce 💷 Establish a dedicated FOAK workstream within the National Wealth Fund as part of its set-up phase, tasked with reporting to HM Treasury and No. 10. This workstream should aim to unlock £500m annually, leveraging 3x private capital, ensuring the fund is optimised to support high-risk, high-reward cleantech project 📋 Streamline regulations to unlock institutional investment 📈 Expand revenue certainty mechanisms like Contracts for Difference ⚡Create a FOAK champion programme A huge thank you to everyone who contributed to this report! Sarah Mackintosh Charlie Garner Amy Rennison Tom Rollason Julia Reinaud Jon Fuller Dewi ab-Iorwerth Tristan Beucler Mikal Bøe Nicholas Chadwick Luke Charbonnier-Bevan, PhD Will Dufton Liz Gilligan Ingrid Holmes Christopher Jackson Sarah Jones Sofia Karagianni Tobias Lechtenfeld Steve M. Daniel McKeown Swarnali Mitra Simon Morrish Sebastian Peck Matthew Strawson Sarah Tennison Jim Totty Jonathan Tudor Read the full report here: https://lnkd.in/e9FxsBes

It's great to see the Science Secretary launch the new Regulatory Innovation Office to accelerate access to emerging technologies. While this is a positive step forward, it’s worth noting the limited emphasis on climate and the clean economy in the Office’s priorities. Technologies like engineering biology, space innovations, AI in healthcare, and autonomous tech will undoubtedly improve efficiency and services, but they may not significantly "shift the dial" on the climate crisis—the most pressing challenge we face. Efficiency is important, but systemic change is essential. Embedding climate and clean economy goals into the RIO’s mandate will be critical to ensuring clean tech innovation is supported by the right regulatory framework.

We have officially launched our new (𝕏) Twitter page! If you're interested in more frequent updates and insights on the UK's cleantech ecosystem, please give us a follow!

📢 Cleantech for UK welcomes today's £22 billion pledge from the UK Government in CCUS & Hydrogen, but emphasizes the need for an ongoing balanced approach between established technologies and nascent emerging innovations. Prioritizing cleantech innovation will unlock untapped opportunities critical to the UK's net-zero goals.

Cleantech for UK recently submitted its response to the revised plans for the National Planning Policy Framework—an essential tool for driving the infrastructure needed to accelerate net zero project deployment. In our response, we outlined how the UK’s planning system can better support investment and foster homegrown, cutting-edge clean technologies. Read more about our recommendations below!

A busy week in policy, and plenty more news brewing beneath the surface!

🌍 Exciting developments in the UK cleantech landscape this week!  This week has seen several critical announcements that are set to shape the future of our green economy. 🚀  Big moves from The Crown Estate  The TCE Marine Delivery Routemap has been launched, marking a significant step forward for the UK’s offshore energy potential. This comprehensive plan outlines how we can harness our marine resources to boost clean energy capacity, support biodiversity, and drive sustainable economic growth. A major win for the cleantech sector! 🌊🔋  A new Industrial Strategy for Scotland  Scotland’s new Industrial Strategy is another highlight, with a clear focus on decarbonizing industries and creating high-skilled green jobs. Scotland continues to lead the way in innovative green technologies, from carbon capture to renewables, and this strategy cements its commitment to a low-carbon future. 🇬🇧🏭💚  Select Committee Chairs  In the political arena, the announcement of Select Committee Chairs, including Chi Onwurah MP as Chair of the Science, Innovation and Technology Committee, signals strong leadership at a crucial time for innovation and policy alignment. We look forward to collaborating with these leaders to drive policies that support UK cleantech growth and investment. 🎯🛠️  National Energy System Operator ⚙️⚡️  And finally, the announcement of a new publicly owned National Energy System Operator will take the lead in delivering a clean energy future. The publicly owned body will support the UK’s energy security, help to keep bills down in the long term and accelerate the government’s clean power mission Taken together, these announcements highlight the ongoing efforts to build a robust framework for green investment and innovation, providing the UK cleantech sector new opportunities to drive forward an ambitious decarbonization agenda. As we look ahead to the upcoming budget and further policy decisions, collaboration between industry and government will be essential in ensuring a sustainable and competitive future for the UK.    #Cleantech #Sustainability #NetZero #GreenInvestment #Innovation #PolicyDevelopment

Last week, we had the pleasure of sitting down with our new UK Policy Analyst, Charlie Garner, to discuss his deep-rooted passion for climate, innovation, and clean technology. Charlie joined Cleantech for UK to collaborate with our coalition in developing policies that empower cleantech investors and policymakers to scale up sustainable innovation across the UK. You can read Charlie's joiner interview below: https://lnkd.in/e6r4xXiT

🌍 Recess Roundup: New Government’s Ambitious Energy Policies Unveiled 🌱 The climate and nature crisis is the greatest long-term global challenge that we face. However, capitalising on the clean energy transition represents a huge opportunity to generate growth, tackle the cost-of-living crisis, and transform Britain’s energy system into an independent blueprint for other countries to follow.  The new government is already taking immediate steps to capitalise on it. As previewed in Labour’s manifesto, the new government is following through on its climate commitments with a series of ambitious policies. As Parliament goes into recess for the summer, we explore how these initiatives promise to reshape Britain's energy landscape and set the country on a path toward a more sustainable future.  Let’s dive into the recent wave of green policy initiatives that have emerged from Westminster over the past few weeks. Read our policy update on the link below, and learn more about the following developments:  ⚡ The Great British Energy Bill  💷 The new National Wealth Fund  ✈️ Sustainable Aviation Fuel Bill  🏛️ Crown Estate’s New Role  🔌 Zero-Carbon Electricity by 2030  🌍 Clean Power Alliance  💨 Onshore wind ban  📋 Spending Review The new government would seem to be pulling out all the stops to paint Britain green, tackling the climate crisis while offering opportunities for economic growth and energy independence. However, it's important to remember that there are plenty of stones left unturned, and the impact of these policies on cleantech is still unclear. As we embark on this transformative journey, how can individuals and businesses contribute to this green revolution? Join the conversation and let’s make a difference together. 💪🌿 https://lnkd.in/eApGXd3K