North East and Scotland to see £30 billion in clean energy investment
If the UK is to reach its net zero targets by 2030 and boost the economy, significant investment is needed, and a recent announcement of £30 billion in funding for Scotland and the North East is part of this.
Encouraging green energy
The £30 billion funding for the North East and Scotland is the largest amount of investment since the 1970s oil boom. The idea is to create an ‘economic renaissance’ which will see clean energy projects become a reality. This will include funding for residential and commercial property, transport infrastructure and education facilities which will help the UK in its mission for energy transition. Not just businesses, but individuals too, are being encouraged to do what they can to use more clean, green energy. There has been a push for more homeowners to replace old gas boilers with air source heat pumps, which are better for the environment and can save money on energy bills. If you are thinking about looking at air source heat pumps Worcester, there are several companies, such as gsmlimited.com/services/air-source-heat-pumps/worcester, that can offer advice.
Keeping up with AI
Since the beginning of 2025, the Labour government has announced several plans for the UK to be able to be energy independent and to keep up with the expected surge in energy demand from advances in AI. While there is a need for clean energy, there is also a race on to develop AI and use it to grow the economy and benefit from it. This means building more data centres to house all the vast amounts of supercomputers holding vital information, used for everyday tasks like online banking and shopping. While data centres only account for a small percentage of electricity used in the UK, this is growing every day.
Greener jobs
As well as investment in clean energy projects, from both government and private firms, thousands of jobs are expected to be created to meet demand. Companies which invest in industrial communities like the North East and Scotland will benefit from the government’s Plan for Change.
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