Wind Power Gets Taxpayer Boost As Government Puts Climate-Friendly Electric Car Future | Economic news
The business secretary told Sky News the UK needs to “speed up” the rollout of preparations for an electric vehicle future while revealing government aid to support offshore wind power.
Kwasi Kwarteng announced 1,340 jobs had been secured through a combination of taxpayer support and private investment in two Humber-area companies just hours before a benchmark was released United Nations Report on the pace of climate change.
Offshore wind has become an important part of the UK power generation mix, already accounting for 13% of power generation last year, an enviable figure internationally as countries scramble to globally to achieve agreed carbon reduction targets.
A total of 24% came from wind, although experts warn that growth in renewables will not be enough to support the future of the electric car demanded by ministers as part of the UK’s own targets.
The sale of new petrol and diesel cars is to be banned from 2030 and the auto industry is focusing on an electric alternative.
French energy giant EDF, which is currently building the Hinkley Point C nuclear power plant in Somerset, used the looming prospect of a power outage as a rallying cry for its bid to build a sister plant in Somerset. Size well in Suffolk.
Mr. Kwarteng said government support for the offshore wind sector reflects the region’s importance for green electricity generation.
Siemens Gamesa wind turbine blade plant outside Hull has been confirmed to double in size – with 200 new jobs created – as part of a £ 186million investment backed by cash from the program support for investment in the manufacture of offshore wind turbines of £ 160 million.
Its products are currently supplied to the 1.4 gigawatt Hornsea Two project off the Yorkshire coast, which will be the world’s largest offshore wind farm, powering the equivalent of 1.3 million homes.
GRI Renewable Industries, which is building an offshore wind tower plant creating up to 260 jobs in Hull, is also receiving taxpayer assistance.
Mr Kwarteng said: “With its proximity to some of the world’s largest offshore wind farms and its strong skills base, the Humber region is vitally important to the growth of UK offshore wind and is at the heart of our green recovery. “
In his interview with Sky News, he agreed that the availability of charging points was an issue for the future of electric vehicles.
“I think we need to speed this up. I think we are very focused on setting up and running the charging point infrastructure,” he said.
Auto industry body SMMT has estimated that the country will need 2.3 million non-domestic charging points by 2030.
He said the install rate is currently 42 per day while a figure closer to 700 is needed.
Prime Minister Boris Johnson said of the wind power investment: “Less than 100 days before the climate summit COP26, we need to see more countries adopt new technologies, build green industries and phase out coal-fired energy for a sustainable future. “