Government industrial strategies are often derided as attempts to pick winners. The UK’s Conservative government has taken a different approach with its new energy strategy. In terms of dealing with the energy bill and climate crises, it’s picking losers.
It is crystal clear that transforming the energy efficiency of the nation’s draughty homes should be the No 1 priority. After all, the cheapest, cleanest energy is the energy you no longer use and nothing can be installed faster than insulation.
There are huge opportunities – for example, just 40% of UK homes have sufficient loft insulation. But there is nothing new in the strategy beyond an advice website. Former Tory energy minister Charles Hendry calls this a “major misjudgment” that will “force large numbers of very vulnerable people to be cold next winter when they need not be”.
The next priority should be renewable electricity, now six times cheaper than that from gas-fired power stations. There are 649 wind and solar projects that already have planning permission. These would save more gas than the UK imports from Russia. But the strategy promises nothing to cut the planning regulations that David Cameron used to strangle onshore wind development and large-scale solar farms.
The vast majority of people, including Tory voters, back more wind power in their areas, polling consistently shows. But your future energy bills now will be even higher than they need to be because ministers are worried a tiny minority of people can’t cope with looking at turbines. There is a boost to offshore wind, a genuine British success story, but it is unavoidably more expensive than onshore wind.
The “big bet” Boris Johnson has chosen to take is on nuclear power. Business secretary Kwasi
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