‘Going green’ is a hot topic for the UK, and one the Government is about to ramp up. The UK has plans to become the world leader in Green Energy, but how, and what does it mean for you?
Boris Johnson has announced a 10 year plan to improve and revolutionise how energy is created, stored and exported. The Prime Minister has committed to ensuring that offshore wind will produce enough energy to power every home in the country, based on the average current electricity usage.
Whilst 10 years seems minimal to override and recreate the way in which we as a country harness energy, the simple fact is, the resources are already on our doorstep, ready to go.
The Long Term Plan
With a long term plan for the UK to create net zero emissions by 2050, the question for many is, with the resources to hand, how are we going to create the infrastructure?
Such ideas are not new to the UK, we as a nation have been cutting carbon emissions and increasing our efforts to use green energy over the past decade. Compare 1990 and 2019, within nearly 30 years, UK emissions have dropped 42 per cent whilst the economy grew by 72 per cent. Such a plan is not groundbreaking, it’s ramping up a system that has already seen massive growth within this generation.
With plans for new hubs across the country such as ports, and valley areas to have the implementation of wind turbines, not only will the energy sector benefit, but also the local area with jobs entail.
Benj Sykes, Industry Chair of OWIC has stated ‘Offshore wind is on track to become the backbone of Britain’s electricity system, providing reliable, low-cost clean power to homes and businesses across the country.’
However, the current understanding of ‘going green’ is that the amount of power harnessed is not reliable at all. The government’s plans to overcome the issue is simple, over-generate. Once the infrastructure to harness energy is created, costs become minimal, the basic equation is, the more produced, the cheaper the product becomes, and it is the same for renewables.
Thus, over generate. If we as a nation are able to over exceed and produce enough energy to match demand then we not only have the reliability of green energy, but also the potential to export and gain additional revenue. With long term cheaper solutions on the horizon, consumers will benefit with savings being passed onto them.
The energy sector, similar to that of the technology sector, it is ever changing. Just as the industrial revolution changed the world 100 years ago, renewable energy is on a similar path to transform how the government and companies alike consider green energy. With countries across the globe all uniting to produce a more environmentally friendly economy, the UK looks to be leading the way.