The government's Clean Power 2030 Mission is under threat - London Business News | Londonlovesbusiness.com
Briefly

The UK's Clean Power 2030 Mission faces challenges unless affordability is prioritized in the energy sector. Despite investments in renewable energy, households continue to experience higher bills, leading to skepticism about green initiatives. Public support may wane without a clear and affordable path for consumers. The recent Government's decision on national wholesale electricity pricing also emphasizes the need for coordination to lower clean energy costs. Research shows that affordability remains a top concern among consumers, with a demand to make clean power cheaper than gas, while government support for nuclear projects aims at securing a low-carbon future.
The perception remains that 'green' initiatives will only increase household bills in the short term, putting the Clean Power 2030 Mission at risk.
Delivering genuine affordability in the energy system means clean power must be cheaper to use than gas, as supported by insights from 15,000 UK consumers.
Recent government backing for new nuclear projects reinforces the UK's ambition to build a secure, low-carbon energy system while addressing high electricity costs.
Almost half of households who don't shift their energy usage at certain times say this is because their current tariff offers no incentive to do so.
Read at London Business News | Londonlovesbusiness.com
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