Labour has also pledged to upgrade “almost all” of the UK’s 27 million homes to the highest energy efficiency standards, which the party claims will reduce household energy bills by £417 annually by 2030 while eliminating fuel poverty. Labour will also introduce a zero-carbon homes standard for all new homes. Heat pumps, solar hot water, hydrogen and district heat networks using waste heat will be prioritised to finally make progress on decarbonising heat. Labour will also introduce a “windfall tax” on oil companies, to cover the costs of climate change and environmental damage. Under Labour’s plans: a new UK National Energy Agency will own and maintain the national grid infrastructure and oversee the delivery of decarbonisation targets; 14 new Regional Energy Agencies will replace the existing district network operators and hold statutory responsibility for decarbonising electricity and heat and reducing fuel poverty; and the supply arms of the Big Six energy companies will be brought into public ownership where they will continue to supply households with energy while helping them to reduce their energy demands.
Edie 21st Nov 2019 read more »