The Liberal Democrats are aiming to stimulate at least £100 billion of private investment in the UK’s renewable energy infrastructure and want a third of the UK’s energy demand to be met from renewable sources by 2020.
Electricity demand during the winter peak will be cut by 1,855,548kWh, following the completion of the UK’s first electricity demand reduction (EDR) pilot auction.
Caroline Flint, Labour MP for Don Valley and shadow secretary of state for energy and climate change, released the party’s Green Paper: End to Cold Homes, in Hastings on Monday.
The Confederation of British Industry (CBI) has warned that the political “opportunism is trumping pragmatism” on UK energy, undermining business confidence in the sector.
The renewables industry should be wary of thinking that there will be a support mechanism-fuelled “gold rush” on energy storage in the UK, according to the director of the Electricity Storage Network (ESN).