As we entered 2017, the UK was on edge, with the government’s plans for Brexit unclear, and the environmental dimensions of that even more so. While much remains at risk as the year draws to a close, prospects for our environment look brighter than they did 12 months ago.
Tag Archives: offshore wind
This post is by Chris Huhne, former UK energy and climate change secretary from 2010 to 2012 and current co-chair of ET Index which analyses the carbon risk of worldwide quoted companies. He advises Zilkha Biomass Energy and the Anaerobic Digestion and Bioresources Association.
One criticism of British energy and climate change policy over the past few years is that it has involved a ‘dash for renewables’ predicated on high oil and gas prices. That is not true. During my time as secretary of state for energy and climate change, and subsequently, we were careful to balance all three families of low carbon electricity generation: renewables, nuclear and fossil fuels, with carbon capture and storage. The reason? We could not predict the future, and did not know which would turn out the cheapest (or, indeed, what the oil and gas price would be). In a time of great uncertainty, energy policy should be akin to investing in a portfolio of shares for retirement: however good one share looks now, do not put all your eggs in one basket. Read more
The chancellor described his budget as taking bold decisions to “act now so we don’t pay later.” Osborne announced £730 million of funding for “less established” renewables and endorsed storage, demand response and interconnection. Half an hour before the Budget, the prime minister had said the UK would cut power sector emissions by 85 per cent by 2030, which is consistent with the Committee on Climate Change’s fifth carbon budget. Read more
UK energy policy took two big steps forward today, after months of self-inflicted damage by a government unclear about what it wanted to achieve.
There remain some big gaps, most notably on energy efficiency, onshore wind and solar, but we now know a lot more: the government is serious about coal phase out and it will give offshore wind a fair crack at the whip. The first two building blocks of its energy policy have been put in place. Read more
The offshore wind sector is playing an increasingly important role in providing jobs and economic growth along Britain’s North Sea coast.
More than one in ten people live in coastal communities, reflecting the UK’s maritime tradition and the historic importance of its ports to the economy. Many of these places face profound social and economic challenges stemming from the decline of traditionally strong local industries such as fishing. Read more
This post was first published on BusinessGreen.
A week may be a long time in politics, but a decade is short in the world of infrastructure. The 180 months remaining between now and 2030 only get us to the early years of operation for the biggest rail or energy generation projects currently on the cards. Read more
While people were digesting the announcement of the latest strike prices for renewable energy, the Treasury was also releasing its latest update of the infrastructure pipeline. This reported substantially lower spending on investment in offshore wind energy up to 2020, partly compensated by higher expected investment in onshore wind. Seen against the background of the substantial cut in the pipeline of offshore wind projects, the decision to provide relatively more support for this form of renewable energy makes sense.