Report: Britain's renewables enjoy record 2022, but fossil fuels send energy prices surging

clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Imperial College London analysis for 2022 points to record breaking year for green energy, but stresses need to 'break our addiction to fossil fuels'

Britain generated record-breaking levels of green energy in 2022, but the spiralling cost of fossil fuels led power prices to almost double during the period, independent research carried out by Imperial...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Amber Rolt

View profile
More from Amber Rolt

London's super sewer project offers UK's first 'Blue Bonds'

UK Power Network invests in hybrid green generators

More on Energy

'The future is electric': Statistical Review of World Energy confirms wind and solar grew nine times faster than total energy demand
Energy

'The future is electric': Statistical Review of World Energy confirms wind and solar grew nine times faster than total energy demand

Influential report reveals the global renewables boom is continuing, but fossil fuel demand still rose last year

James Murray
James Murray
clock 26 June 2025 • 6 min read
OVO launches first Climate Transition Plan
Energy

OVO launches first Climate Transition Plan

Energy firm declares home heating the 'next front line in the climate fight' in its inaugural Climate Transition Plan

Stuart Stone
Stuart Stone
clock 25 June 2025 • 3 min read
Report: Global renewables progress off track, despite record increases in capacity
Energy

Report: Global renewables progress off track, despite record increases in capacity

Renewables investment is setting new records, but REN21 warns trade barriers, market uncertainty, and policy gaps mean the world remains off track to meet global goal of tripling renewables generation by 2030

Michael Holder
Michael Holder
clock 24 June 2025 • 3 min read