By Plans for multiple UK nuclear reactors
According to reports, up to 8 reactors could be formed on existing sites as part of an effort to boost production.
The plan hopes to boost the UK’s energy independence, including further ventures into the wind, hydrogen, and solar production.
The cost of living is continually on the rise and energy prices follow suit, reportedly heightened by the Ukraine war.
According to reports, from the Government’s plan, up to 95% of the UK’s electricity could come from low-carbon sources by 2030.
The government announced a new body called Great British Nuclear will be launched.
The hope is that by 2050 up to 24 GW of electricity will come from this.
The focus on nuclear will deliver up to eight reactors overall, with one being approved each year until 2030.
During parliament, it also confirmed advanced plans to approve two new reactors at Sizewell in Suffolk
From the BBC, Tom Greatrex, boss of the Nuclear Industry Association, said the plans marked a “vital step forward” for the UK.
“The ambition and determination to do much more and quicker are very welcome,” he said.
The government said it would reform rules to cut approval times for new offshore wind farms.
Allegedly, new onshore wind projects have been declining since 2015 when the government ended subsidies.
There are also plans to accelerate oil and gas production.
The government said that “producing gas in the UK has a lower carbon footprint than imported from abroad”.
Former Ofgem boss Dermot Nolan said: “Most of these decisions will take a long time to have an impact and in the short run we will continue to be dependent on fossil fuels.
Ed Miliband, Labour’s shadow climate change and net-zero secretary, said: “The government’s energy relaunch is in disarray. This relaunch will do nothing for the millions of families now facing an energy bills crisis.”
Prime Minister Boris Johnson said the strategy would “reduce our dependence on power sources exposed to volatile international prices”.
Business and Energy Secretary Kwasi Kwarteng added: “Scaling up cheap renewables and new nuclear while maximizing North Sea production, is the best and only way to ensure our energy independence over the coming years.”
