Thank you for contacting me about the UK’s commitment to renewable energy.
Affordable, reliable clean energy is critical to our economy, our national security, and to family budgets. The Government is delivering on its promise to secure a long-term, low-carbon future in all areas of electricity generation. More than £52 billion has been invested in renewables, nuclear, and Carbon Capture technology since 2010.
It is not satisfactory that the dirtiest fossil fuel, coal, is still a major part of our power generation. The UK will be one of the first developed countries to take coal out of the equation, with the announcement that all coal-fired power stations where carbon emissions aren’t being captured and stored will be closed by 2025. The Government will oversee the building of a new, clean energy infrastructure that is fit for the 21st century.
Government support has driven down the cost of renewable energy. The cost of electricity from offshore wind farms, for example, has halved in price since they were first introduced and the Clean Growth Strategy sets out how the whole of the UK can benefit from the global move to a low carbon economy. However, I think it is right that subsidies should be reduced in line with falling costs and support should help low-carbon technologies to stand on their own two feet, rather than create dependence on public subsidies, which ultimately drive bills up for consumers.
Renewable electricity capacity in the UK has quadrupled since 2010. The UK now has enough solar to power almost 2.7 million homes, is the most attractive market in the world for investment in offshore wind and investment has been brought forward in Hinkley Point C, the UK’s first new nuclear power station in a generation.
I understand that the Energy Minister has already given her commitment to supporting local renewable energy projects, having met with community energy groups across the UK.