The latest few steps in the onward march of the energy revolution, the Committee on Climate Change recently published a detailed report on the current state of the UK’s clean energy industry – and that includes solar energy. This week at Low Carbon Energy, we’re taking a quick overview of some of the key findings.
It’s easy to get caught up in reading about all the threats to the global clean energy industry at the moment, so you could be forgiven for initially overlooking the fact that actually, things are still looking pretty blooming good. Most of the costs of green energy policies on domestic and corporate energy bills are being offset by efficiency gains, financial incentives and compensation packages, which essentially means that energy from solar panels is a more reliable form of energy than ever for business energy services. UK climate change policies technically affected the average domestic bill to the tune of an extra £105 – but those same policies are also saving households £290 a year. It doesn’t take a whole lot of maths to work out that that’s a ton of savings being made since the first introduction of these policies.
At the moment, the CCC predicts a heavy UK investment into clean energy infrastructure in future – which means building more facilities like wind farms and solar panels, for example. It’s true that’s likely to drive up costs a bit, but then again savings are going to increase alongside them, so the net result is probably going to be that – worst case scenario – our costs as a nation remain stable while we continue steadily phasing out fossil fuels from our energy industry. We don’t think that’s at all bad for a worst case!
There’s some even better news from the Committee on Climate Change, as they’ve outright stated that carbon policies haven’t had a major impact on the UK’s global competitiveness. Obviously this can be interpreted in a couple of ways, but the way we see it here at Low Carbon Energy, that means that our attempt to fundamentally change the basis for our entire industry is working, and without putting us behind on the international stage. Now if that’s not an achievement, we don’t know what is!
The CCC also thinks that the projected costs of policies could potentially be reduced even further over the coming decade, which might take the edge off some of those infrastructure costs we mentioned above. Ultimately, the CCC reckons that a healthy, clean and secure low carbon energy industry will cost the average household around £3.80 per week by 2030. Meanwhile, public opinion about energy bills is at its lowest ever, contrasted with still growing support for the ever-expanding green energy industry.
Really, it looks to us like things are looking as fantastic for the clean energy sector as they ever were. The thing is that on such a scale, the implication of some of the more ambitious green energy policies is always going to mean some short term costs for some long term gains. In cases like these, the main obstacle is usually public attitude, and that’s definitely not looking like a hurdle anymore. With the right attitude, we can help drive forward the clean energy revolution, which means a cheaper, safer and ultimately healthier way of life for us all.
Have you joined the energy revolution yet? At Low Carbon Energy, we stock brilliant solar power solutions in the form of our solar panels. Whatever your business or industry, we’ve got a solution to suit you, so give us a call on 08456 808 963 today!
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