Delivering Net Zero – Why Flexible Energy Systems are a Priority!
Net Zero is the goal by 2050, as outlined by the British Government – and it’s one that Utility Trade are advocates of.
Whilst everyone needs to do their bit if this is to be achieved, there is perhaps nothing more important than flexible energy systems in the transition period.
Andrew Lever, Director of the Carbon Trust states: “Significant action and investment are required to transition our energy system to help achieve net zero emissions for the UK economy by 2050. As the focus moves towards the decarbonisation of heat and transport sectors, it is essential that new sources of flexibility are explored to ensure the shift to net zero is achieved at lowest cost.”
This follows up on our recent articles about Solar PV having a bright future, and survey data showing a surge in increase in EV demand, in light of the Covid-19 outbreak. Flexible energy involves consumers being more receptive to renewable resources, and indeed being open to use the array of options available to them. Our survey data supports this:
- 44% of people said that, given the changes to the climate they’ve seen in the lockdown period, they’d be receptive to switching their vehicle to an EV.
- Almost 74% of people believe that the period of lockdown has contributed positively to climate change, and they’d be willing to do more to enhance it further.
A flexible energy system is high on the list of priorities in Britain, and Carbon Trust have launched a project to understand the requirements in it achieving the net zero goal. The cost of a future energy system in Great Britain could be reduced by £40 billion, with greater flexibility and the implementation of storage.
Solar energy, EVs, LED lighting and a whole host of other renewable energy resources will be at the forefront of the flexible energy systems. Furthermore, thanks to advances in technology, the UK has been able to hit its longest coal-free period since pre-industrial times, as solar energy has been able to provide a significant amount – more than 11% of the energy demand within the UK, since April 10th.
The net benefits of deploying flexibility technologies, inclusive of their costs, are in the range of £1.4-2.4 bn/year in 2030. This is a substantial monetary figure, and combined with the environmental benefits, one that we should all work towards.
At Utility Trade Group, we offer a wide range of renewable energy solutions, so please get in touch today to find out how we can help you play your part in the implementation of a flexible energy system.