-
The REA’s thoughts are with the staff and affected
families in the result of redundancies as Britishvolt files for
administration;
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This news highlights the need for an effective UK
industrial strategy and supply chain support to capture the
huge opportunities of Net Zero;
-
The REA hopes that another player may take up this
project, as the location is widely seen as ideal for battery
production.
The Association for Renewable Energy and Clean Technology (REA)
notes the collapse of electric vehicle battery maker Britishvolt
“a real shame,” as the company today files a notice of its intent
to appoint administrators.
Today’s news puts 300 jobs at risk, and the REA’s thoughts are
with the staff and affected families in the result of any
redundancies.
The company was hoping to build a new £3.8bn battery factory in
the Port of Blyth in Northumberland. We hope that another player
may take up this project as the location is widely seen as ideal
for the production of batteries.
The REA now reiterates its calls for effective UK industrial
strategy and supply chain support to maximise UK Net Zero
opportunities moving forward.
Frank Gordon, Director of Policy at the
Association for Renewable Energy and Clean Technology (REA)
said:
“The news that Britishvolt has filed for administration is a
real shame – this highlights the need for an effective UK
industrial strategy and supply chain support (similar to the
U.S.’s Inflation Reduction Act) to capture the huge opportunities
of Net Zero. Chris Skidmore’s Net Zero Review report made clear
the opportunities and imperative of doing so just last week.
“Our thoughts are with the staff and affected families in the
result of any redundancies and we hope that another player may
take up this project as the location is widely seen as ideal for
the production of batteries.
“The UK needs at least three such gigafactories and we must
now urgently see progress towards this in order to get to Net
Zero.”
