As the world grapples with the pressing challenge of climate change, transitioning to low-carbon technologies presents a powerful opportunity for economic revitalisation both in the UK and globally. As a provider of several low-carbon power solutions tailored for its innovative customers, Ryze supports this transformation alongside other pioneering industry partners.

Economic Benefits in the UK

Job Creation and Clean Energy Growth: The shift towards low-carbon solutions is a major catalyst for job creation in the UK. According to a report by CBI Economics and the Energy and Climate Intelligence Unit published in February 2024, the UK’s net-zero economy grew by 9% in 2023, creating significant employment opportunities across renewable energy, energy efficiency, and sustainable transportation sectors.

This growth is projected to continue at an impressive rate of 11% annually until 2030. Take leading U.K. zero-emission bus manufacturer Wrightbus as an example of the green economy in full swing; their recent landmark 1,000 bus deal with The Go-Ahead Group isn’t just transforming transport – it’s powering the UK economy by securing 500 direct jobs and supporting 1,500 more across 47 counties in our national supply chain. As Wrightbus’s partner for low-carbon energy solutions, Ryze is proud to support this clean transport revolution.

Industry Innovation: The UK’s commitment to reducing carbon emissions has led to substantial investments in renewable energy and clean technology sectors. This innovation spans multiple industries, as demonstrated by Ryze customers Glass Futures, who are developing low-carbon hydrogen solutions for glass manufacturing. According to the Department for Business, Energy & Industrial Strategy (BEIS), the UK glass sector produces around 2 million tonnes of CO2 annually, equating to approximately 1-1.5% of the UK’s total industrial emissions, presenting a huge opportunity for decarbonisation.

Another Ryze customer, leading construction equipment manufacturer JCB, is transforming the industry, deploying electric machines across their operations while pioneering their innovative hydrogen-powered digger range (currently in advanced testing), and award-winning hydrogen-combustion engines.

The UK’s net-zero economy grew by 9% in 2023, creating significant employment opportunities across renewable energy, energy efficiency, and sustainable transportation sectors.

International Economic Benefits

Global Market Growth: The Global Commission on the Economy and Climate highlights that transitioning to a low-carbon economy could deliver a direct economic windfall of $26 trillion by 2030. The international market for low-carbon technologies is expanding rapidly, with clean transport solutions at its heart. While the global transition is expected to generate up to 30 million new jobs by 2030, partnerships between technology providers are looking to accelerate this growth. For instance, ZeroAvia, who have a diverse group of international backers and partners, including IAG (International Airlines Group), United Airlines, Alaska Airlines, NEOM and AENU. ZeroAvia’s development of zero-emission aviation technology, supported by Ryze’s hydrogen supply and infrastructure, demonstrates how collaboration drives innovation in decarbonising challenging sectors.

Sustainable Innovation: According to research from Schneider Electric’s Sustainability Research Institute published in June 2023, deploying clean energy technologies in buildings alone could create over 2 million new jobs in Europe and North America. In the transport sector, our partners at Scania are leading the way in heavy vehicle decarbonisation with their hydrogen programme, showcasing how traditional industries can embrace sustainable technologies while maintaining operational efficiency.

Partnership and Growth: Investment in low-carbon technologies drives innovation and creates new partnership opportunities. Now in our fifth year of operations, Ryze supports a diverse range of clients across multiple sectors with tailored low-carbon power solutions. From providing hydrogen infrastructure for zero-emission aviation pioneers to supporting the decarbonisation of heavy transport and manufacturing, these partnerships demonstrate how sustainable technologies are becoming integral to industrial innovation.

According to a report by CBI Economics and the Energy and Climate Intelligence Unit published in February 2024, the UK’s net-zero economy grew by 9% in 2023.

The economic advantages of low-carbon solutions are evident across all sectors. The UK’s impressive 9% growth in the net-zero economy demonstrates how local action creates global momentum while cross-sector collaboration accelerates the transition to sustainable operations. Through our growing hydrogen delivery infrastructure and range of low-carbon power solutions, we provide tailored support for businesses in their journey toward cleaner operations.

Contact us to learn how our low-carbon power solutions can support your business’s transition to a cleaner tomorrow.

Email us today at: info@ryzehydrogen.com