The U.K. could save money, reduce the risk of blackouts and more quickly achieve its carbon-cutting goals by abandoning plans to build more nuclear power facilities and instead invest in a flexible electricity grid, new analysis has found. According to the report from Finnish energy tech firm Wärtsilä, the U.K. would stand to save $860 million per year if, instead of new nuclear power, the government backed grid flexibility measures, such as battery storage and thermal generation. That equates to a saving of about $33 dollars per British household per year. Crucially, the analysis revealed that even if energy generation was to remain the same as it is today, Britain could increase renewables’ share of that generation to 62% simply by adding more flexibility (renewables currently account for around 47% of electricity used, according to the government).
Forbes 30th Nov 2020 read more »
Renew 2020. Annual Review of progress on renewable.
Renew (accessed) 1st Dec 2020 read more »