The UK’s Tank Storage Association shares its reaction to the government’s Clean Energy Industries Sector Plan and what it means for storage terminals
On 23 June 2025, the UK government launched its long-awaited and wide-ranging industrial strategy, outlining its plans to drive industrial competitiveness and support innovation over the next decade. The publication follows a consultation launched in October 2024.
Against the backdrop of an increasingly complex global economy, the UK’s Modern Industrial Strategy focuses on eight core sectors with high growth potential (known as the IS-8), namely advanced manufacturing, clean energy industries, creative industries, defence, digital and technologies, financial services, life sciences, and professional and business services. In its strategy, the government has also identified electricity networks, ports, construction, steel, critical minerals, composites, materials, and chemicals as ‘foundational industries’ that are important to ‘unlocking growth’ in each of the eight core sectors.
Among the measures outlined in the strategy to boost domestic and international investment in the UK economy are £86 billion...
Tank Storage Association Responds to UK Government Plans
