By David Kipling, CEO – On-Site Energy
In April 2022 the UK published its Energy Security Strategy. The key aim of the strategy is for the UK to achieve long-term independence from foreign energy sources and decarbonise the nation’s power supply. The main initiatives of the strategy are investment in nuclear generation and offshore wind, the latter being the source of hydrogen generation.
Contrasting this to EU energy security strategy (which is far more dependent on Russian gas) the EU highlights rapid action to embrace energy savings, diversification of energy supplies, and accelerated roll-out of renewable energy to replace fossil fuels in homes, industry and power generation.
UK plans are all long-term measures – it takes 10+ years to develop nuclear and offshore wind UK sees oil and gas as an important transition fuel and has set out plans to increase activity in the UK North Sea. In the meantime, CO2 reductions will be incremental at best.
EU has to act rapidly. A strong focus is on supporting energy efficiency and local renewables, which are much faster to implement. This is also the fastest way to reduce costs and address current energy costs.
If you think about this in the context of our energy hungry industry, I think the right conclusion would be to follow the EU direction rather than wait for the long term measures. There is nothing lost by reducing consumption and using low-carbon generation to control and reduce costs.
If you would like to discuss how to be more energy efficient and use low-carbon energy generation, please contact David Kipling, CEO – On-Site Energy on 0151 271 0037 or email firstname.lastname@example.org (www.on-site.energy).