The Government’s announcement on their new energy strategy could mean big changes for the industry in the coming years.
The strategy aims to increase wind, hydrogen and solar production and improve UK energy independence, whilst also addressing rising prices of energy that customers have been seeing. These rises are due to a variety of global factors including a surge in natural gas prices, increased demand for gas from Asia and a cold winter in Europe, all of which have been further exacerbated by the Russian invasion of Ukraine.
The UK Government’s renewable energy strategy also aims for up to 95% of the UK’s electricity to come from low carbon sources by 2030. In 2020, low carbon sources such as renewable and nuclear power generated 59% of the UK’s electricity, meaning there is still a long way to go for the Government to meet their targets.
The Government’s goal is for 25% of the country’s power to come from nuclear energy. The plans include building up to eight new nuclear reactors aiming to reduce the UK’s reliance on oil and gas.
By reforming planning laws, the Government aims to speed up approvals for new offshore wind farms with the ambition to deliver up to 50 gigawatts of wind-generated power by 2030.
Onshore, there will be no “wholesale changes” to current planning rules on wind farms and instead, the Government will develop local partnerships with communities who want to host turbines in exchange for cheaper energy bills.
The Government’s aims are to increase the solar capacity of the UK five-fold by 2035. One way they will meet this goal is by reforming planning rules on installing solar panels on roofs of homes and commercial buildings.
Targets for hydrogen production are being doubled which could help provide alternative fuel for industries such as power plants, industrial processes and heavy goods vehicles.
Oil and gas
On the basis that producing gas in the UK has a lower carbon footprint than doing so abroad, a new licensing round for North Sea projects will be launched in the summer.
What this means for the energy and renewable sector
All of this means that the UK energy sector is likely to see an increase of activity up to the deadline of the Government’s plans in 2030 and beyond. With aims for eight new nuclear reactors and the likelihood of new offshore wind farms, those who supply equipment and materials in this industry are also expected to be affected by the Government’s plans.
Where MSA comes in
We have vast experience of working with companies in the renewable energy sector and our team can manufacture custom foam inserts or tailor made casing that will provide bespoke protection for your components.
Get in touch with a member of the team at MSA with any queries about how our services can keep your business’ equipment safe.