01342 332057
info@utilityweek.co.uk
A new report has laid out the true costs of eradicating emissions by either 2025 or 2030, calling the latter “implausible” and the former “practically impossible”. The analysis by thinktank Onward sets out a blueprint for a sustainable net-zero goal, including recommendations to replace the Contracts for Difference regime and removing energy levies from electricity bills.
6 years ago
Utility Week policy correspondent David Blackman picks through the details of Labour’s manifesto and talks to experts about the potential consequences for the sector. They discuss the extent and costs of the party’s nationalisation plans, whether its targets for massively expanding renewable generation are feasible and who would co-ordinate its ambitious net-zero goals.
The Conservatives have pledged a fresh crackdown on energy bills while opening the door to an earlier cut-off date than 2040 for sales of petrol and diesel cars. The party’s manifesto also says the rebate on water bills would be extended in the South West in a nod to assuage what it describes as a “major source of financial pressure” for many households.
Plaid Cymru has called on the UK government to allocate an additional one per cent of GDP to invest in green infrastructure over the next decade and to establish an energy agency for Wales. The Brexit Party has also set out its stall on green issues.
Regulatory remits are not always aligned with supporting innovation, but this will have to change if utilities are to meet the far-reaching challenges of decarbonisation.
The big six energy suppliers face being brought into public ownership if Labour wins the next election in a dramatic extension of the party’s renationalisation plans. We delve deeper into the details and gauge reaction.
Gas users and developers have laid out a three-point plan to ward off the threat of greater energy price volatility.
Wind power would provide around 70 per cent of the UK’s electricity needs by 2030, the Green Party has pledged in its manifesto which also sees no need for any form of gas when heating is being replaced.
The Energy Networks Association has urged the next government to commit to immediate action on boosting the amount of green gas on the network. The ENA has published its manifesto on the same day the CBI issued its own wishlist.