Tuesday, December 3, 2019
Investing in the power sector:
The Conservatives are targeting 40GW of offshore wind by 2030 and floating wind farms.
Labour aims to deliver “nearly 90% of electricity and 50% of heat” from renewable and low-carbon sources by 2030 (7,000 offshore and 2,000 onshore wind turbines and 15,000ha of PV). It will trial and expand tidal energy. Labour would expand storage and invest in grid and interconnectors, and community energy. Whenever public money is invested in energy generation, the public sector would take a stake.
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