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Energy Security Bill Will Speed Up Transition to UK’s Energy Independence Including Development of New Green Hydrogen Industry

By July 6, 2022 2   min read  (335 words)

July 6, 2022 |

Fuel Cells Works, Energy Security Bill Will Speed Up Transition to UK’s Energy Independence Including Development of New Green Hydrogen Industry

Responding to the publication today of the Energy Security Bill, RenewableUK’s Deputy Chief Executive Melanie Onn said:

“The measures set out in the Bill will accelerate the UK’s transition to energy independence by enabling us to deploy innovative home-grown renewable technologies at scale. These proposals will help consumers by cutting expensive gas imports and replacing them with locally-generated clean power which we control.

“These include the development of a new green hydrogen industry which will enable us to decarbonise sectors which have been hard to tackle so far such as transport. A wide range of flexible storage technologies, including batteries, have a key role to play in strengthening the UK’s energy security, so it’s great to see a strong commitment to ramp these up, as this will boost confidence among investors. We have a golden opportunity to export worldwide, as we’re a global leader in these cutting-edge technologies.

“We also welcome the commitment to reduce the number of cables and substations needed to connect new offshore wind projects. The industry is already working closely with a wide range of stakeholders to enable this key measure. Doing so will help us to attract £155bn in private investment and create 100,000 jobs in offshore wind by 2030.

“But to speed up this transition, we need a new approach to how the market is regulated and that should start with a net zero duty on Ofgem so that all decisions on the future of the market are aligned with our decarbonisation targets”.

Notes:

  • RenewableUK’s members are building our future energy system, powered by clean electricity. We bring them together to deliver that future faster; a future which is better for industry, billpayers, and the environment. We support over 400 member companies to ensure increasing amounts of renewable electricity are deployed across the UK and to access export markets all over the world. Our members are business leaders, technology innovators, and expert thinkers from right across industry.
  • RenewableUK’s events programme is available here.

SOURCE: renewableUK

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