Reducing UK’s Energy Demand 25% by 2050

One of the UK’s Climate Change Bill commitments is to reduce greenhouse gas emissions by 80% before 2050. According to a new report unveiled by the Treasury and Department of Energy and Climate Change, the UK needs to reduce energy demand by 25pc before 2050 in order to meet climate change objectives.

This new report entitled Energy Market Assessment outlines the infrastructural changes needed towards a low carbon economy and to ensure continued energy security. The initial conclusion of the Energy Market Assessment is that the current market framework will need further reform if it is to deliver the necessary investment beyond 2020.

It will be future Governments responsibilities to ensure that the right choices are taken for the long-term so that the UK has the clean, secure, affordable electricity supplies it needs to deliver its 2050 Climate Change Bill Objectives.

The Energy Market Assessment also highlights the needs for immediate actions because according to Annex A of the report, long term structural changes of the electricity market to ensure it is equipped for the challenges beyond 2020 are timely and will require further planning.

The report went on to say that “reduction in emissions from agriculture, waste, industrial processes and international transport” will also be necessary by 2050.

But it will be low-carbon generation who will play the starring role of the UK’s future low carbon economy. Right now low-carbon generators face high upfront capital requirements and low operational costs, which makes them more exposed to uncertainty in future electricity prices, despite policies to support some low-carbon generation.
This is making medium term investor’s loose confidence that they can make a reasonable return on most large scale low-carbon investment in the current market, which consequently makes these investments less attractive than gas-fired generation.

Another important player which will help the UK reduce its energy demand will be to help people and businesses understand how much energy they are using. The use of smart meters will be crucial for that as it will help enable people to see in real time and real money how much electricity and gas they are using.

If you want to read the full report you can download it here.

We want to hear from you now.  Will the UK be able to reduce its energy demand by 25% before 2050 and meet its Climate Change Bill commitments?

Related posts...

• June 22, 2010 -- UK Business Energy Prices: (3)
  A new survey carried out by the Economist Intelligence Unit has revealed that over 80% of British firms expect energy and fuel prices to rise sharply and almost 50% have great concern that the UK coul...
• July 7, 2010 -- 15-Million Pound Donation: (3)
  Last week British Gas announced an audacious scheme that will help the nation's schools meet their carbon reduction targets through the use of solar panels. For the first stage of the scheme British ...
• June 17, 2010 -- Smart Meter Information: (4)
  Smart meters were created to provide customers and energy suppliers with accurate information on the amount of electricity and gas being consumed. This new generation of meters provides customers with...
• June 14, 2010 -- Electricity Smart Meters: (4)
  Everyone who has ever had an electricity supply in their home or office knows what a traditional electricity meter is and what it does. You may have probably never even given much thought to what els...
• July 19, 2010 -- Monitor Energy Consumption: (2)
  There's a reason why you do business, and that is to make profits. As the saying goes, “a penny saved is a penny earned,” it goes without saying that a very important way of making profits is cutting...
• July 1, 2010 -- Commercial Smart Meter News: (6)
  Northampton based Intamac Systems (Intamac), which has developed a new "online smart meter" service that allows a remotely activated energy use management and control, has received a £4m investment fr...

1. Carbon reductions and how the UK will meet them…

   According to a new report unveiled by the Treasury and Department of Energy and Climate Change, the UK needs to reduce energy demand by 25pc before 2050 in order to meet climate change objectives. What happens if we dont meet these targets? do we lose …

   Trackback by pligg.com — April 8, 2010 @ 12:50 am

2. How will we meet the reductions in carbon…

   Will future Governments manage this and respect it for what it is? They will have a responsibility to ensure that the right choices are taken for the long-term so that the UK has the clean, secure, affordable electricity supplies it needs to deliver it…

   Trackback by pligg.com — April 13, 2010 @ 4:52 am

3. What are the UK carbon reduction commitments…

   Will the UK really be able to reduce its energy demand by 25pc before 2050? How are we going to meet the UK’s Climate Change Bill commitments? We probably wont, but this shows how things might pan out over the next few years….

   Trackback by sweepsgoat.com — April 14, 2010 @ 4:12 am

4. How will we meet the reductions in carbon…

   According to a new report unveiled by the Treasury and Department of Energy and Climate Change, the UK needs to reduce energy demand by 25pc before 2050 in order to meet climate change objectives. What happens if we dont meet these targets? do we lose …

   Trackback by share-news.net — April 17, 2010 @ 9:16 am

5. What are the UK carbon reduction commitments…

   Will the UK really be able to reduce its energy demand by 25pc before 2050? How are we going to meet the UK’s Climate Change Bill commitments? We probably wont, but this shows how things might pan out over the next few years….

   Trackback by pligg.com — April 24, 2010 @ 2:37 pm

6. Carbon reductions and how the UK will meet them…

   Will future Governments manage this and respect it for what it is? They will have a responsibility to ensure that the right choices are taken for the long-term so that the UK has the clean, secure, affordable electricity supplies it needs to deliver it…

   Trackback by pligg.com — April 25, 2010 @ 10:44 pm

7. How will we meet the reductions in carbon…

   Will the UK really be able to reduce its energy demand by 25pc before 2050? How are we going to meet the UK’s Climate Change Bill commitments? We probably wont, but this shows how things might pan out over the next few years….

   Trackback by icositetrahedron.com — April 26, 2010 @ 5:43 am

8. How will we meet the reductions in carbon…

   The Energy Market Assessment outlines the infrastructural changes needed towards a low carbon economy. How are we going to pay for all of this? they cant even afford to repair the potholes in the road at the moment, let alone change the whole UK energy…

   Trackback by socialwebcms.com — April 30, 2010 @ 9:20 am

9. Carbon reductions and how the UK will meet them…

   Will the UK really be able to reduce its energy demand by 25pc before 2050? How are we going to meet the UK’s Climate Change Bill commitments? We probably wont, but this shows how things might pan out over the next few years….

   Trackback by links.coolmsgs.com — May 4, 2010 @ 9:10 pm

10. Carbon reductions and how the UK will meet them…

    According to a new report unveiled by the Treasury and Department of Energy and Climate Change, the UK needs to reduce energy demand by 25pc before 2050 in order to meet climate change objectives. What happens if we dont meet these targets? do we lose …

    Trackback by freebiesup.com — May 6, 2010 @ 10:39 am

11. What are the UK carbon reduction commitments…

    According to a new report unveiled by the Treasury and Department of Energy and Climate Change, the UK needs to reduce energy demand by 25pc before 2050 in order to meet climate change objectives. What happens if we dont meet these targets? do we lose …

    Trackback by pligg.com — May 13, 2010 @ 7:43 pm

12. Carbon reductions and how the UK will meet them…

    Will the UK really be able to reduce its energy demand by 25pc before 2050? How are we going to meet the UK’s Climate Change Bill commitments? We probably wont, but this shows how things might pan out over the next few years….

    Trackback by pligg.com — May 16, 2010 @ 4:07 am

13. What are the UK carbon reduction commitments…

    Will future Governments manage this and respect it for what it is? They will have a responsibility to ensure that the right choices are taken for the long-term so that the UK has the clean, secure, affordable electricity supplies it needs to deliver it…

    Trackback by pligg.com — May 19, 2010 @ 12:25 pm

14. Carbon reductions and how the UK will meet them…

    The Energy Market Assessment outlines the infrastructural changes needed towards a low carbon economy. How are we going to pay for all of this? they cant even afford to repair the potholes in the road at the moment, let alone change the whole UK energy…

    Trackback by pligg.com — May 26, 2010 @ 10:55 am

15. How will we meet the reductions in carbon…

    Will the UK really be able to reduce its energy demand by 25pc before 2050? How are we going to meet the UK’s Climate Change Bill commitments? We probably wont, but this shows how things might pan out over the next few years….

    Trackback by pligg.com — May 26, 2010 @ 4:24 pm

16. How will we meet the reductions in carbon…

    The Energy Market Assessment outlines the infrastructural changes needed towards a low carbon economy. How are we going to pay for all of this? they cant even afford to repair the potholes in the road at the moment, let alone change the whole UK energy…

    Trackback by pligg.com — June 1, 2010 @ 12:39 am

17. How we need to reduce the UK…

    Will the UK really be able to reduce its energy demand by 25pc before 2050? How are we going to meet the UK’s Climate Change Bill commitments? We probably wont, but this shows how things might pan out over the next few years….

    Trackback by pligg.com — June 8, 2010 @ 7:52 pm

RSS feed for comments on this post. TrackBack URI

Name (required)

Mail (will not be published) (required)

Website

CAPTCHA Code *