Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Britain plans nuclear and offshore turbines to boost energy independence

    Britain plans nuclear and offshore turbines to boost energy independence

    April 9, 2022
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Nuclear power plant

    News wire — Britain has set out plans to expand nuclear and offshore wind power to bolster its energy independence, but a failure to target improved energy efficiency even as heating costs surge was attacked for lacking ambition.

    Reuters reports that with energy prices hitting record highs this year, driven in part by Russia’s invasion of Ukraine, Britain set targets to increase wind, nuclear and solar generation, while supporting domestic production of oil and gas.

    But options that could have delivered a more immediate impact, such as targets to expand onshore wind and improve home insulation, were lacking.

    E.ON chief Michael Lewis said a failure to include measures to help people reduce energy use and insulate homes “condemns thousands more customers to living in cold and draughty homes, wasting energy and paying more than they need to for their heating.”

    There was also little detail on how the new projects would be funded, but last year Britain pledged up to 1.7 billion pounds ($2.2 billion) towards a new large-scale nuclear project and earlier this year said it would hold auctions for renewable project support every year. read more

    Prime Minister Boris Johnson said the plan would scale up domestic sources of affordable, clean and secure energy.

    “This will reduce our dependence on power sources exposed to volatile international prices we cannot control, so we can enjoy greater energy self-sufficiency with cheaper bills,” Johnson said in a statement.

    As Britain removes the low levels of oil and gas it gets from Russia, it will expand further into nuclear, with an ambition to increase capacity to 24 gigawatts, GW, by 2050. That would meet around a quarter of projected electricity demand, up sharply from about 14% today.

    Follow us on twitter

    Related News

    Wärtsilä chosen for a 30 MW power plant project in Nigeria

    Nigerian sub nationals now regulate own electricity markets

    Electricity storage: the challenges of tomorrow

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    As IOCs exit onshore, NCDMB urges indigenous firms to ‘step up’

    May 23, 2025

    Gold climbed amid fiscal and geopolitical uncertainty

    May 23, 2025

    Oil prices under pressure by expanding OPEC+ output

    May 23, 2025

    Shell Nigeria Gas engages stakeholders on deepening gas distribution

    May 23, 2025

    Ibas launches secretariat overhaul, links infrastructure to public service efficiency

    May 23, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.