UK aims for 40 per cent low carbon energy by 2020
LONDON, ENGLAND - Britain plans to produce 40 percent of its electricity from low carbon energy by 2020 to help meet legally binding targets to cut emissions and tackle climate change, the government said.
The low carbon energy will come from nuclear, wind, solar and marine power, as well as clean coal, Energy and Climate Change Secretary Ed Miliband said.
Britain's transition to a low carbon economy will add about 6 percent to domestic energy bills by 2020.
"Renewables, nuclear and clean fossil fuels are the trinity of low carbon and the future of energy in Britain," he said in a statement.
"Under our plans we will get 40 percent of our electricity from low carbon energy by 2020 and more in the years afterwards.
"Our plan will strengthen our energy security, it seeks to be fair to the most vulnerable, it seizes industrial opportunity and it rises to the moral challenge of climate change."
The British government will commit up to 60 million pounds ($98 million) for wave and tidal energy and 120 million pounds for offshore windfarms, he added.
The plan will enable individuals and groups generating their own renewable power to sell it back to the country's grid from next April.
Miliband also proposed giving regulator Ofgem new powers where it believes there is anti-competitive behavior in the generation of electricity.
Related News
Germany is first major economy to phase out coal and nuclear
BERLIN - German lawmakers have finalized the country's long-awaited phase-out of coal as an energy source, backing a plan that environmental groups say isn't ambitious enough and free marketeers criticize as a waste of taxpayers' money.
Bills approved by both houses of parliament Friday envision shutting down the last coal-fired power plant by 2038 and spending some 40 billion euros ($45 billion) to help affected regions cope with the transition.
The plan is part of Germany's `energy transition' - an effort to wean Europe's biggest economy off planet-warming fossil fuels and generate all of the country's considerable energy needs from renewable sources.…
