Among the priorities identified are hydrogen, steel, and carbon capture
The UK’s National Wealth Fund has announced that carbon capture, hydrogen, energy storage, and steel are among the 10 sectors it will focus on over the next five years to rebuild the country’s economy.
This is according to the fund’s new strategic plan, published on January 28.
The fund is to allocate £5.8 billion to the ten sectors over the strategy period, subject to investment proposals and progress in supporting policies.
This is accompanied by 15 other sectors in which the National Wealth Fund will seek investment opportunities targeting high-tech, innovative projects and enterprises, as well as accelerating the creation of basic infrastructure. These include artificial intelligence, semiconductors,…
