INDUSTRY NEWS
20GW OF GAS-FIRED POWER STATIONS BY 2030
UK Energy Secretary, Ed Davey, has confirmed that the Government is planning to develop 20GW of gas-fired electricity generation between now and 2030. The new gas strategy expected this autumn will require hundreds of billions of pounds of investment, in what would be the power sector’s biggest construction expansion in decades.
In a recent statement, Davey addressed how the proposals sit alongside investment in renewable energy development by saying: “Conventional gas fired power generation needs to remain in the energy mix for some time, even as we seek to develop alternative low carbon technologies renewables, nuclear and carbon capture and storage. [...] We urgently need to replace some of our ageing coal power stations and gas is relatively quick to build and half as polluting.”
The statement made by Davey has caused concern amongst investors in renewable energy and environmental groups who are concerned that such a ‘dash for gas’ may
make the achievement of the UK’s carbon reduction targets ‘impossible’.
Joss Garman, the political director of Greenpeace, said that “green-lighting a whole fleet of new fossil fuel power stations would cause a huge jump in emissions and blow this autumn’s once-in-a-generation opportunity to replace dirty power stations with clean ones.” However Ed Davey has supported the expansion in gas generation and insisted that it would not affect the Government’s carbon reduction targets, saying that: “we need a big expansion of renewable energy and of gas if we are to tackle our climate change challenges.”
The political debate surrounding the competing interests in promoting gas and renewable power sources remains. Aides to the Chancellor, George Osborne, have expressed opinions that investment in renewable energy is overtaking gas investment. However, Mr. Davey said: “People who see the UK’s energy future as a competition between renewable and gas are misreading the next phase.”
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