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<p>The UK saw £60bn of investment in 2023, meaning that since 2010 the UK has seen
£300bn of public and private investment into low carbon sectors. The Powering Up Britain
Plan, backed by substantial government funding, seeks to attract private capital for
green energy.</p><p> </p><p>We've bolstered investor confidence with announcements
on the UK Carbon Capture Usage and Storage (CCUS) sector and the Hydrogen Strategy.
In December 2023, we unveiled Europe's largest simultaneous commercial-scale green
hydrogen projects, supporting 125MW in the inaugural Hydrogen Allocation Round (HAR1).</p><p>
</p><p>We’ve allocated over £1 billion for the flagship Contracts for Difference (CfD)
scheme's Allocation Round 6 (AR6) and £1.1 billion to the Green Industries Growth
Accelerator, to support the expansion of domestic green manufacturing capacity and
strengthen clean energy supply chains.</p>
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