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Keep up to dateBy Josh Bullard 2024-11-26T07:00:00
Despite encouraging progress, we still have a long way to go if we are to meet the government’s challenging net zero targets, says Josh Bullard at Hydrock
This summer’s £1.5bn clean energy auction marked a significant milestone in the UK’s journey towards its 2050 net zero goals, funding 131 wind, solar and tidal power schemes that could eventually power 11 million homes. Such investment reflects Labour’s commitment to decarbonisation, generating optimism among developers and investors alike.
The UK has also become the first G7 nation to stop using coal-fired power, thanks to green energy. Labour’s ambitious goal of achieving 100% clean power by 2050 is inspiring, but can our infrastructure keep up? Achieving this target will require significant investment in renewable energy, grid-scale energy storage and upgrades to manage intermittent sources such as wind and solar.
Despite the progress, the pace of roll-out of renewables coupled with significant grid and planning constraints mean that renewables alone cannot yet meet the UK’s ambitious targets.
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