Major acceleration of homegrown power in Britain’s plan for greater energy independence - Department for Business, Energy & Industrial Strategy
Cleaner and more affordable energy to be made in Great Britain under bold plans to boost long-term energy independence, security and prosperity.
- The Prime Minister’s plan boosts Britain’s energy security following rising global energy prices and volatility in international markets
- bold new commitments to supercharge clean energy and accelerate deployment, which could see 95% of Great Britain’s electricity set to be low carbon by 2030
- ambitious, quicker expansion of nuclear, wind, solar, hydrogen, oil and gas, including delivering the equivalent to one nuclear reactor a year instead of one a decade
- over 40,000 more jobs in clean industries to be supported thanks to measures, totalling 480,000 jobs by 2030
Cleaner and more affordable energy to be made in Great Britain under bold plans to boost long-term energy independence, security and prosperity.
The government’s British Energy Security Strategy sets out how Great Britain will accelerate the deployment of wind, new nuclear, solar and hydrogen, whilst supporting the production of domestic oil and gas in the nearer term – which could see 95% of electricity by 2030 being low carbon.
The strategy will see a significant acceleration of nuclear, with an ambition of up to 24GW by 2050 to come from this safe, clean, and reliable source of power. This would represent up to around 25% of our projected electricity demand. Subject to technology readiness from industry, Small Modular Reactors will form a key part of the nuclear project pipeline.
A new government body, Great British Nuclear, will be set up immediately to bring forward new projects, backed by substantial funding, and we will launch the £120 million Future Nuclear Enabling Fund this month. We will work to progress a series of projects as soon as possible this decade, including Wylfa site in Anglesey. This could mean delivering up to eight reactors, equivalent to one reactor a year instead of one a decade, accelerating nuclear in Britain.