Briefing paper
Industrial Strategy and the Low Carbon Supply Chain Challenge
Sep 2024
The emerging energy economy offers significant opportunities for clean technology manufacturing but presents tough policy choices for governments. Balancing market efficiency and cost-effective energy transitions with secure, resilient supply chains is a challenge. Governments must decide which industries to support, how to structure trade relationships, and where to focus innovation.
This webinar explores the evolving role of manufacturing and trade in energy transitions and considers the implications for the UK. It brings together insight from the 2024 edition of IEA’s Energy Technology Perspectives – a global energy technology guidebook – with expertise from the UK Energy Research Centre, a whole systems research programme addressing the challenges and opportunities presented by the transition to a net zero energy system and economy. The conversation considered the UK’s position in supply chains for minerals critical to clean technology manufacturing. It also offered technological and political-economic perspectives on industrial policy, innovation and circularity.