UCL Renewables report: comment
Comment on the UCL Post-Contract Renewables report
By Jess Ralston
info@eciu.netShare
Last updated:
Commenting on the Post-Contract Renewables report to be published by the UCL Centre for Net Zero Market Design [1] Jess Ralston, energy analyst at the Energy & Climate Intelligence Unit (ECIU) said:
"These early investments acted as a downpayment on our energy security, kick-starting the renewables industry that now - thanks to offshore and onshore wind and solar - provides around 50% of our power from UK sources. [2]
"Without this we'd be far more reliant on gas, which caused home energy bills to surge in the past few years. Keeping these older renewables operating, while building new ones, will deliver energy independence and price stability - and Government getting the 'repowering' market design right is crucial to get the best deal for consumers."
Notes to editors:
1. The UCL report will be published Tue 16 Sept, 00:01 BST
2. https://www.renewableuk.com/news-and-resources/press-releases/official-stats-show-renewables-generated-over-half-uk-s-electricity-for-the-first-time-in-2024/