zaterdag 25 april 2009

Switch to renewable energy could save £13bn a year


A study has revealed that Britain could save £12.6bn a year in importing fossil fuels by 2020 if it joins on a new program of energy efficiency and renewable technologies such as wind power and biomass.

An international Energy Agency has calculated that with the reduce of North Sea oil and gas supplies, the UK will need to import 80% of its gas needs by 2020.

When looking to other countries, Britain lies far behind when it comes to deployment of renewable energy. Britain needs to get 15% of its total energy needs from sustainable sources by 2020. The experts say that this target will be very hard to meet, almost impossible.
The head of the REA stated that the British government is too busy with the cost of the investments of renewable energy. He said that this rapport shows huge and increasing savings for the UK economy, because there is e decrease of imports.

The Guardian revealed yesterday that the chancellor will announce an extra £500m of "green" spending in tomorrow's budget, of which £40m will be used to top up the Low Carbon Buildings Program, a grant system for renewables.
But the REA and opposition politicians say the extra money is too little to kick-start the sort of low-carbon revolution that Lord Stern urged countries to adopt to pull themselves out of the economic slump.

According to me this is a very important issue. I think the British government is afraid to invest in renewable energy because of the high costs. However they should realise that investing in renewable energy is very interesting. They won’t have to spend so much money anymore on imports of fossil fuels, and so they can save a lot of money. I think the return on investment is very important in this situation.

I also find it a little bit dangerous. If the UK has to import 80% of its gas that is needed, they depend on other countries. If for instance there is a war with a country that provides the fuels to the UK, what will they do then? That means that there is only 20% available for the people of the UK, and this is a risky situation.


Source: http://www.guardian.co.uk/environment/2009/apr/21/renewable-energy-savings

Kevin De Pauw

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