This week, DNV found that the UK’s energy transition isn’t moving quickly enough to meet the net-zero targets.
What are the UK’s emissions Targets?
The UK’s net zero targets have changed throughout the years, but there is still a commitment to decarbonise the country. In June 2019, the government signed a legally binding target of net-zero greenhouse gases by 2050.
There are also other action plans inplace such as the Clean Power 2030 Action Plan, which aims for a near-zero emission electricity system by 2030. This targets 95% of generation from clean sources such as solar PV, wind turbines and other renewables.
This is in tandem with the Nationally Determined Contribution (NDC) emissions reduction target, looking to reduce all greenhouse gas emissions by at least 81% by 2035 compared to levels seen in 1990.
What does the data say?
According to the DNV forecast, the UK’s emissions are set to fall by 33% by 2035, which is around half of what it needs to be to meet the NDC target.
The report also finds that the UK is forecast to still emit 130 MtCO₂e per year by 2050, which is the equivalent of a 84% reduction compared to 1990 levels – nearly 10% less than the targets set by the UK.
Here are the UK’s next steps…
The government has already announced a £15 billion Warmer Homes Scheme earlier this year, which will focus on tackling fuel poverty (read more in our blog here). However, these measures will also contribute to the looming net-zero targets.
There are plans for the country to double its wind capacity and triple its solar capacity within four years to reach 107GW of varying renewables. Even with this ambitious target, the UK will still require the same level of gas for 15% of electricity generation.
Looking at the renewables in play, wind, solar, nuclear and other renewables will provide 85% of low-carbon energy by 2060. There are hopes that fossil fuels will account for 15% of energy supplied by 2060. This is a dramatic decrease from today’s 75%.
DMH is committed to installing renewable solutions and educating clients on the important roles their systems play in the UK’s net-zero targets. Our systems include solar PV, battery storage, heat pumps and EV chargers – all of which are contributing to a cleaner, greener future. We are here to make everything quick and easy for you, but we understand the importance of making sure you have an informed decision when it comes to decarbonising your home. Get in touch with us today to talk through options for generating your own energy and saving money on your energy bills.
