Johnson’s government promotes energy independence with new plan
UK backs nuclear to gain energy independence
Nation raises offshore wind, solar and nuclear targets as it looks to move away from imported fossil fuels
The UK has raised its offshore wind target from 40GW to 50GW by 2030, and will extend its nuclear capacity to 24GW by 2050 as it seeks to gain energy independence. And the nation will also look to increase the UK’s current solar capacity from 14GW to 70GW by 2035. “We’re setting out bold plans to scale up and accelerate affordable, clean and secure energy made in Britain,” says Prime Minister Boris Johnson. “This will reduce our dependence on power sources exposed to volatile international prices we cannot control, so we can enjoy greater energy self-sufficiency with cheaper bills.” This plan comes in light of rising global energy prices, which have grown higher and more volatile since Russi
Also in this section
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth
