Britain's renewable energy shortfall: Wind and solar projections lag behind 2030 goals
Experts predict that by 2030, Britain will only produce 44% of its electricity from wind and solar power. This falls short of the 67% target set by the Labour government for complete decarbonisation.
Cornwall Insight recently analysed current renewable energy plans and the government's clean energy goals. The analysis showed a significant difference between the two. Wind and solar power generation are expected to increase. However, it will not be enough to meet the ambitious targets.
The report highlights the need for substantial increases in renewable capacity: onshore wind by 35GW, offshore wind by 50GW, and solar by 55GW. These requirements are well beyond current projections.
To reach these goals an extra £48 billion will need investing, in addition to the £18 billion already planned for current projects. Key challenges include securing the necessary funding, addressing supply chain issues, and improving grid connections.
The report emphasises the importance of increasing funding for renewable energy projects. It also stresses the need for advancements in storage technology, particularly for long-term storage and hydrogen solutions.
The UK is moving towards renewable energy, but more work and money are needed to reach the clean energy goals by 2030.
Read more: ‘Britain set to fall short of its 2030 clean energy target’