SWIC is a South Wales partnership between Welsh industry, energy suppliers, infrastructure providers, academia, legal sector, service providers and public sector organisations committed to a greener economy. SWIC is now governed by Net Zero Industry Wales.
SWIC was founded in January 2019. Nearly 70 people from various industries, academia and UK and Welsh Governments met and decided to come together to develop an industrial cluster for the region. A small steering group was formed, from which support funding was sought and planned.
That plan was successful and thirty-seven partner companies from within SWIC were subsequently awarded £21million from UK Government’s Research and Innovation Industrial Decarbonisation programme, which was match funded by industry, to total £40m for the development of a Cluster Plan and the development of design studies as part of the Deployment Project.
The Cluster Plan project maps out the plans and support needed by South Wales industry to enable it to become net zero by 2050. Led by CR Plus, it involves 30 partners, exploring the feasibility of decarbonisation proposals and the development of a circular and restorative economy.
The Deployment Project carried out engineering and feasibility studies into the structure and developments needed to make the region net zero by 2050. It is led by Costain and has 17 partners who have looked at the practical challenges for specific projects that will reduce emissions.
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. The aim of SWIC is to develop a world leading, truly sustainable industrial cluster benefitting the societal needs for 2030, 40, 50 and beyond.