UK’s Business Secretary Aims to Triple Capacity of Solar Power by 2030

Power & Energy

Kwasi Kwarteng, business secretary of the United Kingdom has proposed for tripling the number of the solar energy panels and also doubling the onshore wind energy in the country by 2030, which has been a move that is offering cheap and domestic energy but is also risking the strong and local protests.

The Department for Business, Energy and Industrial Strategy of Kwasi Kwarteng has been putting forward the ambitious targets for the expansion of the production of renewable energy in the upcoming white paper for energy security.

The white paper has been delayed by some weeks, the Treasury has been wrangling over the cost of approving the six or more number of the nuclear energy station included in the strategy.

Rishi Sunak, chancellor of the United Kingdom said that, it is understood by being concerned about the potential cost of co-investing and underwriting in more plants of atomic energy beyond the 3.2 gigawatts that has been under construction and the Sizewall C in the region of Suffolk is also going to have the same production capacity in which the government of UK is planning to take a stake of 20 percent.

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The 2030 targets of Kwasi Kwarteng is including the increasing solar energy from its current capacity of 14 gigawatts to 50 gigawatts, along with the offshore wind energy to 50 gigawatts from 11 gigawatts, the nuclear power to 16 gigawatts from 7 gigawatts and the onshore wind energy from 15 gigawatts to 30 gigawatts.

Sandy

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