The UK government’s move to realize net-zero emissions in the next three decades, together with Ofgem’s decarbonization mission, has taken shape in the country with more utilities preparing to transition to renewables. Last year sparked the desire to restrategize and halt climate change brought about by carbon and greenhouse gas emissions. Although Greta Thunberg and Extinction Rebellion’s efforts seemed futile last year, they invoked a sense to reclaim the atmosphere from the growing climatic changes by bringing in renewables. Renewables have helped the UK start thinking of changing the pollutive sectors like transportation and energy to clean energy and resolve the emission problems.
The ongoing plan is to substitute gas utilities with renewable energy programs and halt ICE cars’ usage. This strategy must have started taking shape by 2035 to reveal the region’s zeal to realize the climatic resolutions. These objectives’ achievement will take up more money, which the government said it would be contributing to partly. The coronavirus outbreak spiked the realization of some of the objectives since moat of the industries went into undue lockdown, minimizing emissions. Additionally, most emissive vehicles stayed out of the roads as the owners were following the shelter-in-place measures stipulated by the ministry of health. The pandemic has revealed that it is possible to substitute fossil fuels with renewables since it is a plausible strategy to revive the economy.
RenewableUK’s Nathan Bennett stated that the pandemic has not reversed the climate dilemma but has rescheduled the plan to implement renewable energy programs. This year marks the swift transition to clean renewable energy since oil and gas demand plummeted exceedingly, almost crashing the economy. A revival plan will entail renewing renewables like wind and solar energy on a large scale to boost this smooth transition that will halt environmental degradation.
It is clear that gas and oil companies have glanced at the future and are slowly investing in renewables to remain relevant in the market. In April, the big flop for these utilities revealed their vulnerabilities, making them start to strategize on new technology. The government supports the innovations and technologies gracing the energy sector with the likes of electric vehicles proving to be an efficient technique to halt fossil fuel consumption. Companies are now competing over who offers the best green energy tariffs escalating the uptake of green energy.
Ofgem has been keenly observing companies’ reports on the green energy they supply to minimize greenwashing cases. Greenwashing is where companies state exaggerated figures for the renewables that they supply. Nevertheless, more suppliers and utilities will emerge with the ongoing award of contracts to companies that give feasible proposals to generate renewable energy. Another crucial strategy in the transition is installing over 10 million electric vehicles on the UK roads and developing home charging systems to accelerate demand for these vehicles. On the other hand, companies have decided to invest in new technology to meet the research and development departments’ needs. This move will enable the smooth supply of electric vehicles to meet the demand of consumers.
Additionally, more jobs will emerge from the offshore wind energy projects, hydroelectric plants, and construction of facilities to generate renewable energy. Companies like Tesco, Google, and Whitbread have revealed their intention of utilizing renewable energy, making other bigwigs also desire this strategy for growth.
In conclusion, experts and analysts believe that the UK economy will be on its feet once again, provided the government and the citizens continue pushing for the transition.