Large-scale renewables are the most important factor in decarbonisation of the energy sector, according to a new UK Energy Research Centre (UKERC) report.
Prime Minister Theresa May’s announcement that the government will indeed legislate for a net zero economy by 2050, albeit with certain caveats, has been lauded by the power sector.
The UK’s transition towards a net zero economy will cost the country more than £1 trillion, 40% more than the Committee on Climate Change has suggested, HM Treasury has claimed.