UK to face big challenges in reaching energy transitions targets

Wind Industry Profile of

Energy Transition Readiness Index (ETRI) 2023 indicates that while the UK has some of the most ambitious targets for 2030, it faces some of the biggest challenges in reaching them / Energy transition governance and regulation, grid access delays, and unfavourable flexibility markets all contribute to investment uncertainty and hold back the deployment of renewable energy in the UK / ETRI highlights the recent uncertainty in public and political confidence about the best way to meet net zero economically

A new report has revealed that, while the UK has set ambitious decarbonisation goals and its regulatory alignment to reach net zero is to be commended, current policy priorities appear more focused on short-term political imperatives, leading to increased investment... ... More: Official Press Release REA

Keywords:

REA, ETRI 2023, UK, renewable energy, investment, uncertainty, net zero, decarbonisation, energy transition, Europe, policy