Britain will set out a plan to expand nuclear and offshore wind power in a drive to bolster its energy independence at a time of surging prices and Russia’s invasion of Ukraine.
It will increase wind, nuclear and solar generation, while supporting production of domestic oil and gas in the near term, the government said, adding that 95% of electricity by 2030 could be low-carbon.
He said it would “reduce our dependence on power sources exposed to volatile international prices we cannot control, so we can enjoy greater energy self-sufficiency with cheaper bills.” The plan will have no immediate impact on supply or prices that have helped push UK inflation to a 30-year high, but increased nuclear, solar, wind and hydrogen will help the long-term shift from fossil fuels.
London said on Wednesday it would ban imports of Russian oil and coal by the end of the year, and would phase out Russian gas as soon as possible.
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