Boris Johnson will announce that all of Britain’s electricity will come from renewable sources by 2035 in his speech at Conservative Party conference this week. The Prime Minister will use his address in Manchester to commit to investment in nuclear and renewable energy to reduce the UK’s reliance on fossil fuels such as gas. It is understood that he will argue that this will be a significant step towards hitting the UK’s net zero emissions target by 2050 and reduce the country’s exposure to gas prices that have caused the crisis in the UK. It follows moves from the US and Canada to commit to zero emissions from electricity generation by 2035. He is expected to say that protecting the UK from the fluctuation of gas prices will also help protect consumers and bring down the cost of household bills.
Telegraph 4th Oct 2021 read more »
Boris Johnson will this week announce that all of Britain’s electricity will come from renewable sources by 2035 as he seeks to reduce the country’s dependence on gas and other fossil fuels, The Times has been told. The prime minister will use his conference speech to commit his party to plans to hugely increase investment in renewable and nuclear energy as Britain faces a crisis caused by a surge in the cost of gas. He is expected to argue that taking all electricity from green sources would be a significant step towards the government’s ambition to hit net zero emissions by 2050, and reduce exposure to fluctuations in gas prices. The new target will require significant growth not only in offshore wind generation but also in nuclear capacity to provide a “baseload” of electricity to cope with variable supply and demand. It will mean a minimum quadrupling of offshore wind from the present level over the coming decade. Johnson is also expected to commit to the construction of at least two large-scale nuclear power plants. Britain’s seven existing nuclear plants provide about 17 per cent of the country’s electricity needs but this will fall by almost half by 2024. Further plants are due to close between then and 2030. So far only one nuclear power station, at Hinkley Point in Somerset, is under construction. However, ministers are looking to give the go-ahead for up to two more plants, with a funding announcement for at least one being expected in this month’s comprehensive spending review, the conclusions of which are due to be given in the autumn budget on October 27.
Times 4th Oct 2021 read more »