The government have been urged to accelerate measures to facilitate private investment in decarbonising the electricity sector.
Sir John Armitt, Britain's top infrastructure adviser has warned government ministers to speed up changes in the energy sector in order to achieve net zero. He expressed concern over the delays in government ministers deciding on best course of action to facilitate private investment for decarbonisation in key areas of the electricity sector.
In particular, he noted the urgent need to develop large scale hydrogen storage infrastructure. The head of the National Infrastructure Commission has urged, “to meet the needs of the power sector, we should be deploying hydrogen and gas carbon capture and storage generation at a pace equivalent to the ‘dash for gas’”.
The Department for Energy Security and Net Zero have assured they have "a clear strategy to boost UK industry and reach net zero by 2050 – backed by £200 billion in low carbon investment since 2010, with a further £100 billion expected by 2030".
"We are working closely with the private sector on strategic investment – since September alone we have attracted nearly £30 billion for projects including renewables production, grid capacity and heat pump manufacturing".
"We recently announced 11 major hydrogen projects across the UK – the largest number announced at once anywhere in Europe – and are investing £20 billion in carbon capture, putting us on track to store 20 – 30 million tonnes of carbon dioxide per year by 2030".
