UK efforts to deal with energy crisis ‘raise risk of missing net zero target’
Ministers’ efforts to tackle the energy bills crisis have left the UK at risk of missing a key target to source green power and are threatening the country’s net zero goal, the government spending watchdog has said.
The government said in 2021 it wanted all electricity to be generated from low-carbon sources by 2035, a pillar in the plan to reduce carbon emissions to net zero by 2050.
However, the National Audit Office (NAO) warned on Wednesday that the energy crisis which began in late 2021 and was exacerbated by Russia’s invasion of Ukraine, has meant the government has made little progress in producing a “long-term delivery plan” to boost clean energy sources.
The NAO warned that “the absence of a clear plan and the perception that there could be changes in government policies could deter external investors from providing funds for new infrastructure or lead them to increase the rates of return they require, ultimately increasing costs for energy consumers”.
Emissions related to UK power generation have fallen by 73% since 1990 with increases in wind and solar power and the phasing out of coal power stations reducing the impact on the environment.
However, about 40% of the UK’s electricity is still generated from gas and the owners of gas-fired power plants are still picking up huge subsidies to keep the lights on when wind and solar power drop out owing to weather conditions.
Electricity demand is predicted to increase by as much as 60% by 2035 as vehicles and heating are switched from fossil fuels to electricity. The UK has set a target of 2035 for a ban on the installation of new gas boilers, although efforts to encourage households to seek low-carbon alternatives have so far stalled.
The government stepped in late last
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