WAG: A new £8.3m investment announced last week will help develop groundbreaking new low carbon technologies in Wales and create up to 150 ‘green jobs’. CardiffUniversity's SEREN project will help business commercialise their innovative ideas to develop new products, services & technologies for the low carbon economy.
The programme will pioneer research into areas such as burning coal underground to generate energy as well as carbon storage in a bid to cut greenhouse emissions & fuel costs. As part of the programme a borehole will be sunk into the South Wales coalfield in order to trial & prove the technology of burying & storing carbon in the large deposits of coal that exist in un-mineable seams. Research will also be undertaken into more efficient extraction of heat from the ground, in order to provide heat energy to buildings.
The impact of this research will create 2 new industries in Wales, namely coal gasification and carbon storage, supporting new jobs & businesses. It will also contribute to Wales’ quest to become self-sufficient in energy and attract companies working on innovative low-carbon technologies.