Is Labour's energy plan realistic and how would it affect bills?

Labour plans to invest in wind and solar power to end the use of fossil fuels for electricity by 2030

because the UK would be less reliant on imported and internationally traded natural gas and oil for generating power - fossil fuels whose prices can be extremely volatile. This is a cost that would materialise under the Conservatives’ policy of decarbonising electricity generation by 2035 too, of course.

But the reality is that it would heavily depend on what happens to fossil fuel prices over the coming years.On the second criticism, that electricity decarbonisation can’t be done by 2030, the reality is that experts are divided. One of the biggest obstacles in terms of hitting the 2030 target is not the cost of installing new solar panels and wind turbines, but the practical difficulty - due to planning regulations and local opposition - of upgrading the UK’s electricity grid network.

This additional capacity would be required to provide electricity, among other things, for new electric heat pumps to warm peoples’ homes and also the electric cars that people are expected to be driving in the coming years.

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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