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THE STRUGGLE FOR
ENERGY SECURITY
As economies around the world fight to protect themselves commitments to supercharge clean
against rising fossil fuel prices as a direct consequence of energy and accelerate deployment, which
the pandemic and the war in Ukraine, the UK government could see 95 per cent of Great Britain’s
electricity become low carbon by 2030.
promises a major acceleration of homegrown power in The plans are ambitious and include
Britain’s plan for greater energy independence faster expansion of nuclear, wind,
solar, and oil and gas, plus a doubling
leaner and more affordable Industrial Strategy, on the release of its of the previously published hydrogen
energy will be made available Energy Security Strategy last month. production target. The government now
under plans to boost long-term The plan to boost Britain’s energy is now aiming for 10GW of UK hydrogen
energy independence, security security comes in the wake of rising by 2030, with half coming from green
C and prosperity across Great global energy prices and volatility in hydrogen and utilising excess offshore
Britain. This was the promise of the international markets. wind power to bring down costs.
Department for Business, Energy & The strategy boasts bold new In addition, the strategy lays out
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