EDITOR’S OPINION
Decarbonisation ambitions Chris Jones
Managing editor of Energy in Buildings & Industry
R
eaders will be picking up this month's issue in the middle of a General Election campaign, but, if polls are to be believed,
the outcome looks about as certain as a Brit not winning Wimbledon this year. Quite rightly, in the interests of democracy, political analysts will be scrutinising the various manifestos but we all know that there are usually only two parties that stand any real chance of turning their proposals into action – and, this time around, even that limited choice could realistically be narrowed down one step further. When it comes to energy, there is
predictably broad consensus on the key objectives – finding ways to provide energy that is cleaner, more secure and less costly. How you actually go about achieving those objectives, the level of budget allocated to them and the speed of delivery are where there are clear differences. Labour's flagship pledge is to establish a UK government-owned power company, something the
country hasn't seen since the privatisation of the industry in 1990. To be based in Scotland, and working in partnership with private companies, GB Energy will be tasked with the challenge of helping to decarbonise the electricity supply by helping to finance low- carbon projects such as windfarms, solar and nuclear power plants. It is proposed that the company would have access to £8.3bn over the course of the parliament, which would be partly funded by tougher taxes for North Sea oil and gas companies. It is hoped that GB Energy can play a major role in helping to tick those three boxes: cleaner, cheaper and secure. While the company won't be responsible for supplying electricity directly to households, the plan is that it will be able to lower energy bills for consumers by reducing our reliance on gas and other fossil fuels. The goal is to create a virtually zero carbon electricity
If the last few years have taught us anything, it's that the best laid plans can quickly be undone by events
system by 2030, five years sooner the current government plans, but some experts have argued that the cost of achieving that target is quickly going to spiral. Once the company gets to grips with the problems associated with the UK's ageing nuclear reactors and takes on some of the projects considered too risky for private investors, the budget required is only going to go in one direction. Faced with the prospect of
frightening too many tax payers, the party has retreated from previous pledges to spend £28bn a year on powering up the green economy, but ultimately that could be the kind of figure needed if the party is serious about its ambitions to accelerate the country's transition to net zero. Unless there is another shake-up at
Whitehall, such efforts will be driven by the Department for Energy security and Net Zero, but with the purse strings inevitably being pulled by the Treasury, the backing of the Chancellor will be crucial to the chances of success. Rachel Reeves has promised to become 'Britain's first green chancellor', but similar claims have been abandoned by predecessors in high office once financial limitations start to bite. And if the last few years have taught us anything, it's that the best laid plans can quickly be undone by events beyond our borders.
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Contributors to this issue
Andrew Warren
Chair of the British Energy Efficiency Federation
11 Jeff House Director of external
affairs and policy at Baxi
13
Matthew Maleki Business development
manager and IAQ champion at CIAT UK
25 Ian Ellis
26 Marketing and sales
specialist manager at Siemens plc
Anthony Hall UK sales manager at
Humidity Solutions 32
Energy in Buildings
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