What's happened
UK power company VPI is actively working towards net zero by collaborating with stakeholders and investing in projects like carbon capture and hydrogen production. The HyNet project aims to create a net zero industrial region, while the UK Infrastructure Bank's investment in Invinity Energy Systems will boost longer-duration energy storage and job creation in West Lothian.
Why it matters
These initiatives are crucial in the transition to a sustainable energy future, addressing challenges such as grid stability, carbon emissions, and energy storage. They demonstrate a proactive approach towards achieving net zero targets and fostering economic growth through job creation and investment in innovative technologies.
What the papers say
According to VPI's CEO Jorge Pikunic, the company is focused on collaborating with various stakeholders to strengthen energy security and grid stability while transitioning to net zero. The HyNet project at the Stanlow Manufacturing Complex is highlighted as a significant step towards creating a net zero industrial region. Invinity Energy Systems' CEO Larry Zulch emphasizes the importance of long-duration energy storage in the global transition to a sustainable electricity system.
How we got here
The UK and Ireland are actively pursuing initiatives to reduce carbon emissions and transition to cleaner energy sources. Projects like the HyNet project and investments in energy storage technologies reflect a broader commitment to achieving net zero targets and driving economic growth through sustainable practices.
Common question
More on these topics