The SNP Government has awarded £16.5 million to Scotland’s Net Zero Technology Centre in Aberdeen to accelerate a range of energy transition projects that will help deliver Scotland’s net-zero economy.
Seven projects will be developed through the centre’s Net Zero Technology Transition Programme to transform the North Sea energy system, with a focus on emissions reduction.
The programme is expected to deliver £403 billion for the economy and 21,000 jobs by 2050.
Funding is being provided through the SNP Government’s Energy Transition Fund and will be match-funded by the industry.
Kenneth Gibson MSP said:
“The Energy Transition Fund is not only helping the energy sector to grow, diversify accelerate the journey to net-zero, it helps the supply chain all across Scotland.
“This funding will help grow Scotland’s role as a global leader in net zero technology solutions, delivering security of energy supply, diversifying the sector, and creating the next generation of highly skilled, green jobs.”
The Net Zero Technology Centre’s CEO Colette Cohen OBE said:
“This is an important milestone for the Net Zero Technology Centre which will drive the development of key technologies for green growth in Scotland and the UK, create jobs, attract investment and help establish a world-class net zero supply chain.
“The funding will unlock some of the technology and innovation required to deliver an affordable net zero energy industry, and we are delighted to see industry and government supporting this national ambition.”
ENDS
