The Scottish Budget will help deliver on policies designed to
attract investment in key industries of the future, specifically
in areas designed to maximise Scotland's potential in green
energy and net-zero, First Minister has said.
His comments come ahead of a visit to a battery energy storage
system site in South Lanarkshire where he is expected to welcome
significant new international funding for Scotland's energy
transition infrastructure.
The First Minister said this type of investment reflects the
country's potential as an energy rich nation and the confidence
of investors.
First Minister said:
“The Scottish Budget will deliver progress for Scotland and
support the infrastructure and investment which will contribute
to our future collective success.
“Scotland is an energy rich nation, but my ambition is for Scots
to also become energy rich people – with our energy wealth
delivering more jobs, lower energy bills, and real benefits for
our communities and businesses.
“Our budget, if passed, will help maximise our potential as an
energy leader by delivering record capital investment funding for
our offshore wind sector to develop key ports and infrastructure
and grow our manufacturing supply chain in Scotland. That money
will deliver a green reindustrialisation of our economy and
attract investment in industries that will power our economic
future.
“This is an exciting time for investment in Scotland in a range
of key sectors and I look forward to celebrating a significant
new investment in our energy transition infrastructure, and
making the most of our economic and energy potential to benefit
generations to come.”
BACKGROUND
Later today, the First Minister and Cabinet Secretary for Net
Zero will visit a battery energy
storage system site in South Lanarkshire, where it is expected he
will welcome significant investment by Copenhagen Infrastructure
Partners in Scotland.
