The Government has published a new Energy White Paper that sets out its plans to transition to greener energy production to power the future of transport and the UK.
Moving to cleaner production of energy for transport, industry and buildings will be essential for the Government to meet its Net Zero 2050 target.
The Department for Business, Energy & Industrial Strategy is looking to cut emissions by 230 million metric tonnes over the next decade, the equivalent of taking 7.5 million petrol cars off the road.
Business and Energy Secretary Alok Sharma said: “This plan establishes a decisive and permanent shift away from our dependence on fossil fuels, towards cleaner energy sources that will put our country at the forefront of the global green industrial revolution.”
Alongside the Energy White Paper, the Government has also confirmed that it is to enter negotiations with EDF in relation to the Sizewell C project in Suffolk as it considers options to enable investment in at least one nuclear power station by the end of this Parliament.
Emma Pinchbeck, Energy UK chief executive, said: “The White Paper reveals the scale and opportunity of the energy transition, with aims in it to at least double the amount of clean electricity produced today, start making our homes warmer and greener, and help the switch to electric vehicles.
“The energy industry will do our bit to innovate, supporting our customers so that they benefit from the Net Zero transition and investing in the green infrastructure we need – but clear policies from Government help us do that. This is what the White Paper – and other publications over the next year – should provide.”
Core parts of the Energy White Paper include:
- Generating emission-free electricity by 2050 with a trajectory that will see the UK have overwhelmingly decarbonised power in the 2030s. Low carbon electricity will be a key enabler of the UK's transition to a Net Zero economy with demand expected to double due to transport and low carbon heat.
- Delivering ambitious electricity commitments through a commitment to deliver 40GW of offshore wind by 2030, including 1GW of floating wind, – enough to power every home in the country – while attracting new offshore wind manufacturers to the UK.
- Kick-starting the hydrogen economy by working with industry to aim for 5GW of production by 2030, backed up by a new £240m Net Zero Hydrogen Fund for low carbon hydrogen production.
- Investing £1.3 billion to accelerate the rollout of charge points for electric vehicles in homes, streets and on motorways as well as up to £1 billion to support the electrification of cars, including for the mass-production of the batteries needed for electric vehicles.