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Queen Elizabeth II Lays Out Plans for Britain's Energy Future

As part of her annual speech to Parliament outlining her policy priorities for the coming session, England's Queen Elizabeth II made clear her desire for the UK to create incentives for investment in renewable energy by announcing a new energy bill to be put before Parliament.

Part of her plan includes legally binding CO2 emissions reductions. The bill would enforce reductions of greenhouse gas emissions of 26-32% by 2020 and at least 60% by 2050. The plan will also introduce a new system of five-year carbon budgets.

"My Government is committed to protecting the environment and to tackling climate change, both at home and abroad. A Bill will be brought forward to make the United Kingdom the first country in the world to introduce a legally binding framework to reduce carbon dioxide emissions. My Government will introduce legislation to provide clean, secure and affordable supplies of energy," Queen Elizabeth II said in her speech.

One of the major focuses of the bill, according to a British Wind Energy Association (BWEA) press release, will be expanding Britain's reliance on wind power. The BWEA believes that the industry will be able to meet a large amount of UK's demand for electricity.

"The wind industry is confident that it can generate around 27% of anticipated electricity demand in 2020, from the installation of up to 34,000 megawatts (MW) of generating capacity. Up to now, the UK wind industry has installed more than 2,000 MW of capacity, but there is almost 6,000 MW either under construction or soon to ‘break ground', including the 1,000 from the recently consented London Array, the world's largest offshore wind farm."


Slow down sign

Reality Check: Maybe Energy Storage Isn't Ready for Prime Time

Meg Cichon, Associate Editor Highlighting the growth of the energy storage market at the at the 2015 Energy Storage Association Conference in Dallas, Texas, Oncor’s  VP of Transmission Operations Wes Speed compared the industry to the Texas rain: ...
Risk and reward

Managing the Risks of Renewable Energy Projects in Developing Countries

Jeffrey Karp, Jim Wrathall and Morgan Gerard, Sullivan & Worcester Driven by rapid expansion in developing countries, renewables are becoming a significant source of the world’s power.  According to the United Nations Environmental Programme’s (UNEP) 9th “Global Trends in Renewable En...
Renewable energy investment

Smart Investments: Ditch Your CD for Renewable Energy Yieldco Dividends

Susan Kraemer, Correspondent Renewable energy yieldcos have gain traction in the past few years, and are certainly making it easier to develop projects. But many don’t realize that yieldcos also offer solid financial benefits for the average person who...
Ukraine flag

US Companies Invest Millions in Ukraine Bioenergy Despite Turbulent Policy

Vladislav Vorotnikov, International Correspondent Massachusetts-based Briggs Capital plans to invest US$250 million in the Ukraine bioenergy sector within the next several years, according to its CEO Rhode Robertson. The announcement was made amid significant problems in U...


Volume 18, Issue 3


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