• 3 minutes Will Iron-Air batteries REALLY change things?
  • 7 minutes Natural gas mobility for heavy duty trucks
  • 11 minutes NordStream2
  • 5 hours U.S. Presidential Elections Status - Electoral Votes
  • 1 hour GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Australia sues Neoen for lack of power from its Tesla battery
  • 8 hours Evergrande is going Belly Up.
  • 6 hours Europeans and Americans are beginning to see the results of depending on renewables.
  • 15 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 2 days Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 1 day Oil Price: does the security vacuum in the Middle East spook investors?
  • 1 day Is the Republican Party going to perpetuate lies about the 2020 election and attempt to whitewash what happened on January 6th?
  • 2 days Ozone layer destruction driving global warming

UK Looks To Power Every Home With Offshore Wind Energy By 2030

The United Kingdom will aim to become a global leader in offshore wind energy, powering every home in the country with wind by 2030, Prime Minister Boris Johnson said on Tuesday.

As part of the UK’s ambition to become a net-zero economy by 2050 and its goal to ensure a green recovery from the pandemic, the plan for wind energy will be supported by an investment of US$207 million (160 million British pounds) to upgrade ports and infrastructure in Northern England, Scotland, and Wales to significantly increase Britain’s offshore wind capacity.  

Currently, offshore wind meets 10 percent of the UK electricity demand. 

Last year, the UK became the first major economy in the world to enshrine in law its target to reduce its greenhouse gas emissions to net-zero by 2050.

After the coronavirus led to a global economic slowdown, Johnson has said several times that the UK will aim to boost its green energy capacities. Last month, the UK prime minister said that the UK would lead the world in the transition to a net-zero economy, as climate action cannot be “another victim of coronavirus”.

The investment announced today is expected to create 2,000 construction jobs and will enable the sector to support up to 60,000 jobs directly and indirectly by 2030 in ports, factories, and the supply chains, manufacturing offshore wind turbines and delivering clean energy to the UK.

“Our seas hold immense potential to power our homes and communities with low-cost green energy and we are already leading the way in harnessing its strengths,” Johnson said on Tuesday.

“Powering every home in the country through offshore wind is hugely ambitious, but it’s exactly this kind of ambition which will mean we can build back greener and reach net zero emissions by 2050,” UK Business and Energy Secretary Alok Sharma said.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News