The UK Government has announced how it intends to 'take back control' of energy prices amid soaring costs. It has published a British Energy Security Strategy sets out how Britain will accelerate the deployment of wind, new nuclear, solar and hydrogen energy which could see 95% of electricity being low carbon by 2030.
Boris Johnson said the strategy, including new nuclear and offshore wind plans, would reduce the UK’s dependence on foreign sources of energy. There has been particular worldwide concern about the reliance on Russian oil and gas since the Kremlin’s invasion of Ukraine.
Rising energy prices have contributed to the cost-of-living crisis, with the average family’s energy bill increasing by 54%. The energy price cap has been raised to £1,971 and a further increase is expected later this year. See nine things you can do to cut your energy bills right now.
