UK power decarbonisation to require partnership working

The UK government’s plans to decarbonise the energy system by 2035 will require collaboration between the public and private sectors, the business minister has said.

Formally unveiling the plans, Kwasi Kwarteng said “government action working with the private sector” will be vital to turning the target into a reality.

“The Contracts for Difference scheme, which launched again this year, will be bigger than ever,” he added.

Kwarteng pointed to areas such as offshore wind, which have been driven by private sector investment, as important players in decarbonising the UK’s power generation system, which he said has seen a 70% reduction in carbon emissions since 2010.

The minister also underlined the importance of other forms of energy production, such as nuclear power, hydrogen development and using carbon capture, usage & storage (CCUS) facilities, which are expected to be developed through partnerships between the public and private sectors.

Kwarteng confirmed that the government’s comprehensive Net Zero Strategy will be published “in the next few weeks”.

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