This report by Ember sets out a potential pathway the UK could take to drastically reduce gas consumption in the power sector by 2030. It analyses cost savings from a timely transition from gas to a clean power system, as well as discussing energy security considerations and recommendations for policy support. Ember’s own power sector model is described and compared against other leading studies on the UK’s energy transition.
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After delays due to concerns within the Treasury, the Government released its highly anticipated British Energy Security Strategy on April 7, 2022. Offshore wind is one of the key cornerstones of the Strategy with the Government signalling its intention to increase capacity up to 50GW by 2030. Targets for low carbon hydrogen production capacity have been doubled to up to 10GW by 2030.
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ScottishPower, a subsidiary of Iberdrola, has inked two agreements to purchase 17 solar photovoltaic (PV) projects in Britain, totalling more than 800 MW. ScottishPower has acquired 12 solar PV projects from renewables developer Elgin Energy, with a total capacity of 519 MW and 70 MW of energy storage capacity, and the remaining solar projects from developer Lightsource BP. The sites will require a $687 million investment to commission.
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Royal Dutch Shell has announced its plans to vastly expand its network of electric vehicle charging points in Britain. As part of its global rollout, it aims to install 50,000 on-street posts in Britain by 2025. Ubitricity, an on-street charging point company acquired by Shell in February, will implement the project.
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