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Progress for investment in Grangemouth's future

Published by , Assistant Editor
Hydrocarbon Engineering,


The UK and Scottish Governments are jointly stepping up plans to support workers at the Grangemouth refinery affected by the risk of redundancy, with immediate investment in skills and training.

In addition to UK Government and Scottish Government’s joint £100 million investment in the Falkirk and Grangemouth Growth Deal, Forth Valley College will receive funding to deliver bespoke support for workers affected by Petroineos’ decision to decommission the oil refinery.

Backed by this £100 million funding, workers at Grangemouth refinery at risk of redundancy will be contacted in the coming weeks and offered tailored support to access new jobs in the local area that will shape the future of Grangemouth as an industrial hub for years to come.

Forth Valley College will shortly begin contacting workers to start building a skills and support package to meet their individual needs, mapping their current skills and qualifications to the future skills needed for local clean energy roles in the area and analysing where the gaps are.

The UK and Scottish Governments will use the findings to deliver targeted interventions to upskill the local workforce ahead of redundancies next year.

It comes as UK Energy Secretary Ed Miliband and Cabinet Secretary Gillian Martin attended a meeting of the Grangemouth Future Industry Board today (Thursday 17 October) at Forth Valley College alongside UK Energy Minister Michael Shanks, Scotland Secretary Ian Murray, local industry leaders, Falkirk Council, trade bodies and trade unions.

The £100 million Falkirk and Grangemouth Growth Deal will support projects and skills interventions in the local area. It is estimated that the Falkirk & Grangemouth Growth Deal will deliver over £628 million in economic benefits and create 1660 jobs across the Falkirk Council area.

The Energy Secretary also reiterated the UK Government’s willingness to engage on how the National Wealth Fund could back projects that have the potential to yield a viable long-term future for the site, as part of the ongoing Project Willow investigation into a viable industrial Grangemouth.

Project Willow is urgently assessing credible options to begin building a new long-term industry at the refinery site, including low carbon hydrogen, clean e-fuels and sustainable aviation fuels on the site. The Scottish Government will also soon publish the draft Grangemouth Industrial Just Transition Plan.

Read the article online at: https://www.hydrocarbonengineering.com/refining/17102024/progress-for-investment-in-grangemouths-future/

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