The UK government and Abu Dhabi Future Energy Company PJSC, better known as Masdar, will spend GBP 70 million (USD 86.5m/EUR 78.4m) to create 3,000 new electric vehicles (EV) rapid charge points across the UK by 2024.
This is an initial investment as part of the GBP-400-million Charging Infrastructure Investment Fund, Treasury announced on Tuesday. The government’s contribution to the fund is GBP 200 million and the rest is planned to come from private investors.
“Britain already boasts one of the biggest networks of charging infrastructure in Europe and soon we will have the fastest thanks to this investment,” said Exchequer Secretary Simon Clarke.
Also on Tuesday, the Department for Business, Energy and Industrial Strategy (BEIS) announced GBP 142.9 million in investments supporting the “cleaning up” of the planet. The table contains details.
| Project |
Participants |
Funding requested (GBP) |
Period |
| Clean Air: Future Challenges (NERC) |
Natural Environment Research Council (NERC) and Met Office with Innovate UK, Economic and Social Research Council (ESRC), Engineering and Physical Sciences Research Council (EPSRC), Medical Research Council (MRC), Science and Technology Facilities Council (STFC), National Physical Laboratory (NPL), Department for Environment, Food and Rural Affairs (Defra), Department for Transport (DfT), Department for Health and Social Care (DHSC), Scottish Government and Welsh Government |
22 million |
6 years |
| Greenhouse Gas Removal Demonstrators (NERC) |
NERC with Arts and Humanities Research Council (AHRC), Biotechnology and Biological Science Research Council (BBSRC), ESRC, EPSRC, Innovate UK, BEIS, Defra and Ministry of Housing, Communities and Local Government (MHCLG) |
31.52 million |
5 years |
| Sustainable Management of UK Marine Resources (NERC) |
NERC with ESRC, Defra and Scottish Government |
12.43 million |
4 years |
| A food systems approach for healthy people and a healthy planet (BBSRC) |
BBSRC with Medical Research Council, NERC, Defra, DHSC and Food Standards Agency |
47 million |
6 years |
| National interdisciplinary Circular Economy Research Programme (EPSRC) |
EPSRC, with NERC, AHRC, Defra and BEIS |
30 million |
5 years |
(GBP 1 = USD 1.24/EUR 1.12)
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EV charging. Author: NCDOTcommunications.
