‘More wind, more solar, more nuclear’, says Kwasi Kwarteng – costing how much?

Posted: April 21, 2022 by oldbrew in Energy, government, hydrogen, net zero, Nuclear power, wind
Tags: , ,

Offshore wind project in North Wales [image credit: northwales.com]


Even more expensive electricity, in pursuit of mythical net zero targets. The planned 25% contribution of nuclear power doesn’t give much confidence about where the other 75% should come from when it’s dark and not windy. Why the claimed ‘cheap renewables’ need not-cheap subsidies is not explained, and hydrogen isn’t cheap either.
– – –
The Energy Security Strategy announced by government just under a fortnight ago “provides a clear, long-term plan to accelerate [the UK’s] transition away from expensive fossil fuel prices set by global markets [it] cannot control.”

That’s according to Business Secretary Kwasi Kwarteng, who delivered a speech explaining his views on the new strategy and how he believes it can help shift the British energy market, reports Energy Live News.

“More wind, more solar, more nuclear – while also using North Sea gas to transition to cheaper and cleaner power,” was his succinct summary of the new strategy.

Rising energy prices have made fears of fuel poverty a sad reality for many households in the UK.

Mr Kwarteng responded to these worries, stating that a £200 energy bill discount will be in place this October, the Warm Home Discount will offer three million low-income households with a £150 rebate in the winter and that the price cap is “still protecting millions of consumers” from even higher gas prices.

He explained that “cheap renewables” are the answer to these high prices and that the new strategy sets out how 95% of the UK’s electricity will be produced by low carbon means by the end of the decade.

“It will increase the pace of deployment to deliver 50GW by 2030 instead of the 40 committed to in the manifesto – and of that 50GW, up to 5GW will be floating offshore wind,” he remarked.

The government’s position on nuclear was irrefutable, with the Business Secretary simply stating, “we will be reversing decades of under-investment and we will be building back British nuclear”.

By 2050, the strategy reveals the aim of delivering 24GW of nuclear power, to make up 25% of the country’s estimated energy demand.

Hydrogen was the final part of the strategy that Mr Kwarteng spoke on: “The capacity we aim to reach by 2030 is 10GW, with at least half of this total coming from green hydrogen.”

Full report here.

Comments
  1. […] ‘More wind, more solar, more nuclear’, says Kwasi Kwarteng – costing how much… […]

  2. oldbrew says:

    Hydrogen was the final part of the strategy

    Where are they going to put 10 GW of it?

  3. Coeur De Lion says:

    And fracking? The actual costs of windmills will emerge in comment and criticism. Net zero watch mentioned the removal of the eleven billion ROC subsidy. That’ll straighten things up
    .

  4. Graeme No.3 says:

    It is a politician doing what most politicians do best; posturing based on ignorance.
    Fortunately there is a cure, a collapse in public support and a fear of not being reelected. And with the rise in electricity costs and the flow-on effects to food etc. that collapse will come.

  5. Gamecock says:

    ‘the Warm Home Discount will offer three million low-income households with a £150 rebate in the winter’

    ‘Rebate’ means they must still have the working capital to cover it. It’s okay to screw people over if they get a rebate. And what about the millions who won’t get a rebate?

    ‘and that the price cap is “still protecting millions of consumers” from even higher gas prices.’

    Price caps lower than replacement cost means critical shortages . . . at a good price.

    ‘He explained that “cheap renewables” are the answer to these high prices’

    Diogenes is setting out to search for “cheap renewables.”

    ‘and that the new strategy sets out how 95% of the UK’s electricity will be produced by low carbon means by the end of the decade.’

    Meaning you will have 95% less electricity. Easy to accomplish – shut everything else down.

    ‘“It will increase the pace of deployment to deliver 50GW by 2030 instead of the 40 committed to in the manifesto – and of that 50GW, up to 5GW will be floating offshore wind,” he remarked.’

    And pigs will salute as they fly by.

    ‘The government’s position on nuclear was irrefutable’

    Wut does that mean?

    ‘with the Business Secretary simply stating, “we will be reversing decades of under-investment and we will be building back British nuclear”.’

    NFW. You have created an environment in which there was NO INVESTMENT. There are reasons why. You can’t just wave a wand and restore trust in perfidious Albion.

    Kwarteng spouts talking points that have double-ought zero connection to reality.

  6. oldbrew says:

    APR 20, 2022
    Blackouts Occur When Green Energy Fails

    California has the distinction of simultaneously having the nation’s worst air quality, among the highest gasoline and electric power prices, the most electricity generated by renewable sources, and the least reliable electric power grid.

    The latter three points are a direct result of California’s green energy mandates.

    https://climatechangedispatch.com/blackouts-occur-when-green-energy-fails/

  7. oldbrew says:

    Boris Johnson accused of misleading the public on the rising cost of green energy levies
    Friday 22nd April 2022

    https://www.netzerowatch.com/boris-johnson-accused-of-misleading-the-public-on-the-rising-cost-of-green-energy-levies/

    Our Boris – surely not? 🙄

  8. Graeme No.3 says:

    oldbrew:
    With the new Free Trade Agreement can we in Australia now export some useless politicians to the UK? We have a surplus and you could get them almost free of charge (although the running cost are high).

  9. oldbrew says:

    Graeme – Tony Abbott’s probably enough for now 😉

  10. oldbrew says:

    Approved by renewables fan Kwasi…

    BP pressing ahead with Murlach oil and gas field in UK North Sea

    BP is pressing ahead with plans to develop the Murlach oil and gas field in the UK North Sea, hailed by industry leaders as “vitally important” for maximising domestic supply

    https://order-order.com/2022/04/22/kwasi-kwarteng-celebrates-earth-day/

  11. oldbrew says:

    Britain’s first new coal mine in decades on the verge of approval

    Michael Gove supportive of proposals for colliery in Cumbria, senior Tory sources say
    23 April 2022

    The mine will produce coking coal, an essential ingredient in steelmaking that will not be burned at power plants. Britain imported 40pc of its coking coal from Russia before the invasion of Ukraine.

    https://www.telegraph.co.uk/business/2022/04/23/britains-first-new-coal-mine-decades-verge-approval/

    ‘More wind, more solar, more nuclear’ – oh, and more coal, oil and gas 🤣

    Don’t like it? Well, blame the Russians! We can’t use any of their energy any more.

  12. oldbrew says:

    Britain turns to South Korea in scramble to boost nuclear power

    Kwasi Kwarteng in talks over new generation of reactors as UK seeks stronger energy security
    2 May 2022

    South Korea is in talks to build a new generation of nuclear power stations in the UK as ministers scramble to boost the country’s energy supplies.

    https://www.telegraph.co.uk/business/2022/05/02/britain-turns-south-korea-scramble-boost-nuclear-power/
    – – –
    Ukraine events seem to have finally woken the UK from its energy torpor.

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