Molly has launched a new report which calls for an eleventh-hour rejection of Hinkley C nuclear power station and massive investment in renewable energy, energy storage, and energy efficiency in order to reduce dependency on fossil fuels . The report is launched as EU countries agreed to an EU-wide target of 32% of energy to come from renewable sources by 2030, but this could be set even higher as the target is set to be reviewed before 2023.
The report says that the UK is looking increasingly isolated in its approach to energy and compares the UK with Germany and France, where decades of commitment to nuclear generation are being abandoned in favour of renewable energy technologies. It also highlights how abandoning policies to support renewable energy, such as Feed-in-Tariffs, has almost halted the installation of renewable energy in the UK. Meanwhile, the report points out, global investment in renewable technology has seen the price of renewable energy fall dramatically, with wind power and solar PV now able to provide cheaper electricity than nuclear.
“The UK seems increasingly isolated in its approach to energy. We are fast being left behind in the energy revolution. The world is moving from the old centrally owned fossil fuel and nuclear dependent systems with their big dirty power plants towards systems that involve interdependence, flexibility and community ownership. But in the UK we are stuck with a government that continues to subsidise fossil fuels, promote a whole new fossil industry in fracking, and throw money at expensive and outdated nuclear.
“Of course Brexit will further our isolation. The EU has agreed renewable energy targets, which could become even more ambitious beyond 2023. By this stage the UK is set to have left the EU and we risk slipping behind other European countries. Especially so given our energy policy will fall into the hands of climate change denying pro-nuclear Brextremists who won’t put in place the long-term policies needed to address climate breakdown or invest in renewables. This is all the more tragic since the UK has a rich abundance of renewable energy resources which, in combination with energy efficiency measures, could create thousands of new jobs and a healthier, greener society for us all.”
 Energy Isolationism: how the UK is sailing into the wind on energy policy, by Andrew Cooper and Clare Ingleby. Full report here.