Climate change committee finds move to renewable energy would also bring health, economic and security benefits Achieving the UK’s net zero target by 2050 will cost less than a single oil shock and bring health and economic benefits while insulating the country against future costs, the government’s climate advisers have forecast. Eliminating the UK’s reliance on fossil fuels by adopting renewable energy and green technologies, such as electric vehicles and heat pumps, would be the best and most cost-effective option for the future economy, the Climate Change Committee (CCC) found. Continue reading...

The levelised cost of electricity produced from most forms of renewable power continued to fall year-on-year in 2023, with solar PV leading the cost reductions, followed by offshore wind.