Kwarteng 'proposes beefed-up wind, solar targets'
- FT reports BEIS Secretary going for 50GW and also 30GW from PV and also onshore specifically by 2030
The UK can triple solar capacity and also double its onshore wind power by 2030 under new targets being proposed by BEIS Secretary Kwasi Kwarteng, according to a report by the Financial Times.
Business secretary has advanced the actions in the government's long-anticipated energy protection white paper, according to the FT.
Solar capacity would boost from its present 14GW to 50GW and onshore wind from 15GW to 30GW by 2030 under the proposals.
If ratified, they would certainly be the first government-led targets for the modern technologies in the UK.
The FT likewise reported that overseas wind would certainly get an increase under Kwarteng's plans-- rising from a target of 40GW developed in Boris Johnson's green 10-point plan to 50GW by 2030.
Publication of the white paper is postponed, with the paper reporting that the Treasury is remaining to debate the cost of underwriting and also co-investing in new nuclear power terminals.