International Finance
Energy Featured

The UK advised to increase renewable electricity to 65% by 2030: Research

UK renewable electricity_IF_Image
The National Infrastructure Commission urges the country to increase target as a sharp decline in cost of renewable generation is found

The National Infrastructure Commission in its research has urged the UK to increase its renewable electricity target from 50 percent to 65 percent by 2030. The National Infrastructure Commission is responsible for providing expert advice to the UK government on infrastructure challenges. 

The findings in the research show that a sharp decline in cost of renewable generation suggests that the country should increase its renewable electricity target as proposed. NIC chair John Armitt, said in the report, “The government should be credited for recent steps to encourage quicker deployment of renewables, and for setting up successful mechanisms for encouraging private sector investment. These latest projections suggest we can afford to go further,faster without hitting consumers in the pocket.The National Infrastructure Strategy needs to include a long term policy on future energy that reflects these facts and helps deliver the green recovery we all want to see.”

Another interesting finding is that renewables alone might not be able to create a resilient energy system in the future. For that reason, further developments on the new storage technologies should begin to support and secure the country’s electricity system. This could even mean enhancing the low carbon hydrogen generation in the country.

What's New

Business Leader of the Week: Meet Oliver Zipse, CEO of BMW

IFM Correspondent

Ransomware or AI cyberattacks? Survey gives sneak peek about CISOs’ worry

IFM Correspondent

IF Insights: UAE’s digital transformation faces cybersecurity challenges

IFM Correspondent

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.