Solar power budget plan

Will the UK treble solar PV capacity over the next 8 years?

Solar Energy UK has published new analysis setting out a roadmap to treble solar PV capacity over the next eight years. reveals the policy and regulatory changes required to unleash the potential of solar energy in the UK.

Will Solar Energy UK speed up investment in the power grid?

Plans to speed up investment in the power grid, accelerate planning decisions and extend a tax rebate have all been welcomed by Solar Energy UK.

Why should the government invest in solar energy?

However, the Government must act now to accelerate deployment to ensure their net zero targets are met. Jobs, economic growth, and a massive reduction in carbon emissions are all up for grabs. Solar is affordable, reliable, and immensely popular with the public.

How much money does the UK government spend on energy projects?

Actual annual figures will vary over the lifetime of the contract depending on future wholesale electricity prices, and outcomes of the auction process Government announces budget of over £1.5 billion to deliver homegrown clean energy projects and boost UK's energy security.

Will the UK set a 40GW target for solar energy?

Solar Energy UK’s call for the Government to show higher ambition for solar energy in Britain, and set a 40GW target, has been backed across the energy sector and by several green organisations this year.

What will funding do for the UK's energy sector?

Funding will accelerate the delivery of clean, cheap, low-carbon electricity to families and businesses, generated by renewable energy technologies such as wind turbines and solar panels. Families across the country have suffered during the cost of living crisis, as the UK’s over-reliance on fossil fuel markets was exploited by Putin.