The results of the yesterday’s government auction for renewables procurement has taken the entire energy sector by surprise. Clearing 860 MW at £75/MWh in 2021 and 2.3 GW at £57/MWh in 2022, it revealed that the cost of offshore wind has dropped by 65 per cent in under five years. This result comes close on the heels of a report from Renewable UK, highlighting that the UK’s offshore wind industry has now increased its domestic content to 48 per cent and is in the process is providing almost 20,000 direct and indirect jobs. Heavy investment during the industry’s nascent years has yielded tremendous results and the UK can confidently stake its claim to be the global leader in offshore wind.
Tag Archives: energy policy
Small scale technologies are shaking up the existing energy paradigm, where the only consumer choice is to decide which big and distant power company to buy from. This ignores rapid developments in solar panels, onshore wind, electric vehicles (EVs) and battery storage. People are increasingly choosing to be energy owners, and are able to take back at least some control over energy production. Read more
Do you remember the old lady who swallowed a fly? Her chosen remedy – to swallow a spider in hope of catching the fly – unfortunately made things worse: said spider wriggled and jiggled and tickled inside her. She dealt with this unintended consequence by swallowing a bird, which didn’t help either. Bird led to cat led to dog, goat and then cow (I don’t know how). The sad denouement came when she swallowed a horse, and died. Of course.
The British electricity system is starting to look worryingly like that poor old lady. The government, dissatisfied with what the markets are delivering, is proposing modification after modification, in the hope that one day the ‘neutral’ market will deliver the government’s ever more obvious technology preferences. It looks as if our energy policy designers have forgotten their nursery rhymes.
The climate for renewable technologies in the UK has been notably inclement lately, ever since the summer’s soggy policy announcements resoundingly dampened investors’ and businesses’ enthusiasm. Now, even the usually resilient edifice of government is leaking.
Sometimes it takes an outsider to reveal an uncomfortable truth. In his speech this week to Green Alliance’s Beyond Paris event, held in association with the CBI, Al Gore held up a mirror to the UK and it wasn’t pretty.
He described a UK out of step with the new found ambition of China and the US on green growth, a welter of low carbon energy policies being cancelled and a prime minster who is not providing public leadership on climate action. An audience of over 400 studiously phlegmatic business and NGO leaders got to their feet and gave him a standing ovation. It must have been a first for a buttoned up London policy audience. Read more
This post is by climate and energy consultant Stephen Tindale. He blogs at www.climateanswers.info.
UK climate campaigners should support fracking for shale gas. Shale gas would enable the UK to reduce the burning of coal, and also the import of Liquefied Natural Gas (LNG). Read more
This post is by independent researcher and Green Alliance associate Rebecca Willis.
It’s obvious, when you think about it, that emerging industries and innovators have less of a voice in government than established players. Incumbents have a lot of advantages: they have a proven technology or system which regulators understand; they can afford to pay staff or consultants to engage and lobby; and policies and regulations are designed with them in mind. In contrast, innovators put all their effort into getting their new approach off the ground (with little time left for lobbying); regulations aren’t designed for them; and policy makers may not understand what they do. Read more
In reaction to the European Commission’s green paper on options for the 2030 climate and energy policy framework last March, Europe’s largest trade association, Business Europe, suggested European manufacturing was being left behind. It stated, “Europe’s major competitors, the US and China are reindustrialising on the back of low energy costs. Meanwhile the current EU energy and climate policy is driving up costs through inconsistencies in EU policies as well as uncoordinated and heavy-handed national government intervention in energy markets.” Read more
This post is by Jonathan Gaventa, programme leader on European energy infrastructure at E3G. Jonathan is one of 20 experts Green Alliance interviewed as part of a review of European climate and energy policy which will be published next week.
There is no security in separatism, no innovation in isolationism, and nothing to be gained from walking away from our seat at the European table. Read more
Heat is responsible for a third of carbon emissions and around half of the energy we use in the UK. Whilst there is a range of views about how to achieve the deep cuts needed in carbon emissions from heating, all future scenarios indicate that there will have to be a significant rise in the uptake of heat pumps. Read more