South Wales Industrial Cluster (SWIC)
South Wales is the second largest industrial emitter in the UK, releasing the equivalent of 16 million tonnes of carbon dioxide per year across industry and energy generation.
Founded in 2019, the aim of SWIC is to develop a world leading, truly sustainable Industrial Cluster to tackle this — and help achieve South Wales’ wider societal, economic, and environmental needs for 2030, 40, 50 and beyond.
As the pioneering exemplar of Wales’s Industrial Clusters, SWIC has made significant strides in its net zero journey — with the aim of hitting the following objectives by 2040:
- Achieve an increased net zero industry for South Wales — contributing towards a wider 40% reduction in current Welsh CO2 emissions.
- Retain 113,000 existing jobs and create new ones.
- Unlock £30bn investment opportunities in the region.
- Grow the £6bn Gross Value Added from South Wales industry.
To achieve this, SWIC believes in the power of collaboration. The team oversees a wide range of sustainable partner projects, while undertaking wider strategic work to support the creation of partner-led Clean Growth Hubs.
Each project aims to proactively decarbonise industry in south Wales by harnessing the region’s abundant resources and optimising the existing gas and electricity infrastructure. This approach sees SWIC and its partners explore prospects for everything from low-carbon power generation to carbon capture usage and storage (CCUS).
SWIC’s dedication to innovation and sustainability sets the standard for industry clusters across the region.
