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Aberdeen Green Energy Hub

The ambition to establish Aberdeen as a green energy hub is being boosted with tens of millions of pounds of new funding. The budget allocated about £27 million towards an energy transition zone in the city as well as a £5 million for an underwater technology hub. Land around the harbour has been mooted as a location for companies to locate and share knowledge. Sir Ian Wood’s privately funded economic development agency Opportunity North East is among the local backers of the proposals, which aim to help the region move smoothly from its reliance on the oil and gas industry to become a more balanced economy. The area could also become a hub for technology relating to renewable generation and clean fuels. Morag Watson, the director of policy at Scottish Renewables, said: “This budget recognises the future potential of renewables to drive economic growth in a green recovery. “The northeast is home to a world-renowned energy sector already and its skills and expertise will be vital as we decarbonise our economy.”

Times 4th March 2021 read more »

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