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Britain need funds to meet energy targets

London : United Kingdom | about 1 year ago  
Views: 40
  • Britain need funds to meet energy targets
    Britain need funds to meet energy targets
    Posted by: trueidentity
    Britain will now take substantial new money and guarantees to work.
Britain need funds to meet energy targets

Among the potential problems to be outlined are concerns of a severe shortage of engineers and worries, companies are now reviewing their commitments to wind energy because of spiralling costs in order to reduce green gas emission by 2050 from 60 to 80 percent.

No other nation has attempted to switch its electricity supply so quickly on this scale, and to achieve it the industry will need to build nearly 15,000 turbines, generating 35 gigawatts (GW) of electricity, on land and at sea.

Many experts believe it is technically feasible to meet the targets, but there is a growing conviction that the plans were rushed through so quickly by the Government that it will now take substantial new money and guarantees to work.

Maria McCaffery first time said: "It's tough, but just about achievable," and she said. "But how close we can get to the target depends on what happens in the next few years. It's not guaranteed, but it's too soon to be defeatist"

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  • News Source: Guardian Unlimited | about 1 year ago
    The new farm, built by the energy company Centrica, will produce enough power for 130,000 homes, raising the total electricity generated from offshore wind in the UK to 590 megawatts (MW), enough for 300,000 UK homes. The completion of 194MW of...
  • News Source: The Independent | about 1 year ago
    A major programme to cut the cost of off-shore wind farms was announced today. Under the £30 million Offshore Wind Accelerator scheme, designed by the Carbon Trust, the cost of transforming wind into usable energy should be reduced by 10 per cent.
  • News Source: Sky News | about 1 year ago
    UK, Tuesday October 21, 2008 Catherine Jacob, environment correspondent Britain is now a world leader in offshore wind energy and is on track to meet its renewable goals, the Prime Minister will tell the British Wind Energy Association conference in...
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  • Blog Source: sciencepal.blogspot.com
    Britain is legally committed to generating 15 per cent of all energy from renewables by 2020. This means that wind power, which presently contributes about 4 per cent of UK electricity, must expand to generate 36 per cent within 12 ...
  • Blog Source: cquestor.blogspot.com
    He also pledged to amend the energy bill to create "feed-in tariffs", allowing small-scale energy producers – such as homes with wind turbines or solar panels – to sell electricity at a guaranteed price. ...
  • Blog Source: www.ethical-junction.org
    Set this in the context of the continually rising price of gas and electricity, the plain fact is that the cost of warming our homes will keep going up. It therefore becomes clear that choosing an energy efficient property is becoming a ...
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