Yesterday afternoon (28 March), members of the energy sector held a briefing discussing what they hope to be included in the UK Government’s ‘Green Day’ announcement on Thursday (30 March).
RenewableUK has confirmed that 60% of Britain’s energy was supplied by low carbon sources (renewables and nuclear) saving the nation over £15 billion in gas costs.
The energy sector has criticised the lack of focus within the Spring Budget on the development of renewables, energy efficiency and infrastructure, despite some technology support.
The UK Government must set a “realistic budget and more sustainable prices” for renewable electricity in the upcoming Contracts for Difference (CfD) auction to prevent limited private investment in solar and wind generation, RenewableUK said.
The UK’s offshore wind pipeline is set to reach 100GW in the coming months but has lost out on the top spot for installed capacity to China, according to RenewableUK.
RenewableUK has confirmed that across the entirety of 2022, only two small onshore wind turbines had been developed across England despite “record-breaking” year for offshore wind.
RenewableUK’s executive director of policy Ana Musat has called on the UK Government to compete with the US Inflation Reduction Act by creating an “attractive policy and regulatory environment” for potential investors and developers.
Following the culmination of its Offshore Wind Leasing Round 4, The Crown Estate has signed Agreements for Lease for six offshore wind projects with the potential to generate approximately 8GW of renewable energy.
The Department for Business, Energy and Industrial Strategy (BEIS) has released the eagerly anticipated Chris Skidmore MP independent review into the UK’s net zero prospects.
