UK’s 2030 green energy goal needs £240 billion of investment
The new British government aims to reform rules on planning and connecting to the power grid to reach the goal of relying less than 5% of the time on natural gas for electricity generation by 2030 to reduce price volatility. The estimated investment requirement is £40 bln per year. This includes 50 GW of offshore wind, more than triple today’s level.

12 December 2024

Bloomberg