'Time is of the essence': UK offshore wind setbacks could jeopardise 2050 net zero target, studies warn

Stuart Stone
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

Separate analyses by Cornwall Insight and Imperial College London warn slower offshore wind rollout signalled by recent CfD auction could increase power prices, carbon emissions and delay net zero

The government risks narrowly missing its 50GW offshore wind target for the end of the decade, which could in turn jeopardise the UK's legally binding 2050 net zero by 2050 goal, due to rising industry...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Wind

'The end of coal': Study confirms UK fossil fuel power generation hit record low this summer

'The end of coal': Study confirms UK fossil fuel power generation hit record low this summer

Latest edition of Drax Electric Insights report confirms fossil fuel power generation was at its lowest ever monthly average during the third quarter of the year

James Murray
clock 28 November 2024 • 3 min read
Study: Government 'Jobs Bonus' could deliver 10,000 wind manufacturing jobs

Study: Government 'Jobs Bonus' could deliver 10,000 wind manufacturing jobs

Campaigners claim new policy has the potential to deliver thousands of jobs in regions where fossil fuel industry workers are at risk of job losses

James Murray
clock 28 November 2024 • 5 min read
From disco scallops to heritage data, Crown Estate backs offshore wind research projects

From disco scallops to heritage data, Crown Estate backs offshore wind research projects

Over £7m funding awarded to range of projects working to accelerate clean energy development

James Murray
clock 21 November 2024 • 2 min read