Keir Starmer grilled over Labour's energy crisis offering
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
Households in Britain are facing the worst effects of an energy crisis, as the price of wholesale gas shoots through the roof following Vladimir Putin’s invasion of Ukraine. Since then, European countries have been to end their reliance on Russian gas imports. in a speech today, Prime Minister Boris Johnson called on the UK to harness a goldmine of energy resources that it currently many times cheaper than gas.
THIS IS A BREAKING STORY. MORE TO FOLLOW.
He said: “We’re now racing towards our target of 50GW of offshore wind by 2030.
“50GW is probably half the electricity consumption of the country from offshore wind.
“Offshore wind is now the cheapest form of electricity in this country. Offshore wind is nine times cheaper than gas with the insanity of what Putin has done.
“That way it entirely makes sense for us to be more self reliant. It is also entirely clean and green.
“Renewables are not only important for us to defeat climate change, they’re helping keep bills lower now.”
This statement by the Prime Minister is based on analysis by the Carbon Brief, which found that the Government had granted a number of contracts to offshore wind farm producers to generate electricity at an average price of £48 per megawatt hour (MWh).
This is nine times cheaper than the £446/MWh current cost of running gas-fired power stations.
Mr Johnson continued: “What Putin has done, is launch a kind of kamikaze attack on the world economy.
“He believes we will give up on Ukraine, give in to his aggression and go back to mainlining his hydrocarbons.
“He is wrong in his assumption about British people. I think he’s wrong in his assumption about other European governments.”
He added that he recently spoke to German Chancellor Olaf Scholz, who made it “absolutely clear” that Berlin was going to move away from its dependency on Russian energy.
He continued: “Putin in this strategy, is going to fail.”
He added that Britons, who are set to face record high energy bills this winter, will receive “substantial sums” of additional cash from the next Prime Minister once they are elected.
Source: Read Full Article