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The United Nations Trade and Development (UNCTAD) urged during the 29th United Nations Climate Change ...
The UK allocated £3 million of grant funding for space-based solar power (SBSP) projects that collect the Sun’s energy using solar panels orbiting the Earth and can deliver clean energy, day and night, unaffected by the weather.
In a further demonstration of the government’s commitment to the sector, Morecambe and Lunesdale MP David Morris will serve as the first ever National Space Champion. He will work closely with industry to ensure the UK’s space sector continues to grow, attract investment, and develop innovative products. Morris is a longstanding advocate for the UK space industry and chairs the All-Party Parliamentary Group for Space.
Business and Energy Secretary Kwasi Kwarteng said “space-based solar power could provide an affordable, clean and reliable source of energy for the whole world to benefit from, helping the move away from expensive fossil fuels. Today’s investment is an exciting example of how we can go even further in our ambitions to make the UK a science superpower.”
“I am also delighted that the HYMS technology, developed in Oxfordshire, will be put into service by Spire Global to help improve weather forecasting,” he added.
These projects are major milestones for our National Space Strategy, developing the UK’s space capabilities while boosting the economy and delivering high-skill jobs.
Dr Paul Bate, Chief Executive of the UK Space Agency, said “Satellite technology is helping us solve some of the most significant challenges we face. We’re working with the space sector to drive innovation, catalyse investment and bring tangible benefits to people and businesses across the UK.”
“As these 2 new projects show, space is not only vital in helping us monitor the weather and our environment, it can also provide new solutions to our future energy needs and support the global fight against climate change,” he added.
“I would like also like to welcome the appointment of a National Space Champion and I look forward to working with David Morris to support our growing sector,” he said.
The UK space sector employs around 47,000 people directly around the UK and supports around 190,000 jobs in the supply chain. By building on the commitments of the National Space Strategy to grow the economy and lead pioneering scientific discovery, these 2 projects will help to protect and grow these high-quality jobs across the country for generations to come.
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