Environment & Energy
Latest Environment & Energy Publications
The UK Government’s commitment to quadruple offshore wind capacity by 2030 will transform Great Britain’s electricity system. However, it poses serious challenges for the electricity market. Market conditions during the summer lockdown showed that the Government needs to make reforms, otherwise costs will rise and customers won’t benefit from the falling cost of wind and solar.
The North Sea is strategically central to meeting the UK’s target of Net Zero emissions by 2050. By fully developing offshore wind, the North Sea could provide one-third of the UK’s energy needs, and this proportion will grow if low-carbon hydrogen and carbon capture, utilisation and storage (CCUS) are also fully developed.
Since the 1980s, UK and EU energy markets have become increasingly intertwined. Brexit doesn’t have to set back the development of a secure, affordable, low-carbon energy system in the UK and the EU, but new approaches to will be needed.
In this paper, Policy Exchange explores new models for UK-EU energy cooperation based on shared interests in competitive energy markets, robust carbon pricing, and the sharing of renewable energy resources across borders.
Latest Environment & Energy Blogs
This week’s is a substantial document that moves the UK a step closer towards a Net Zero energy system. However, it’s clear that the White Paper is largely about ambition, which leaves a lot for the Government to do in 2021.
Reaching Net Zero requires more than just reducing emissions. To account for processes that will be exceptionally difficult to decarbonise completely (such as steel or cement making), we actually have to remove greenhouse gases from the atmosphere, thereby balancing out at ‘net’ zero.
‘Negative emissions’ technologies (NETs), also known as Greenhouse Gas Removal (GGR) technologies, allow us to do that. They remove greenhouse gases – usually carbon dioxide – from the atmosphere and they are needed to prevent the worst effects of climate change.
The Prime Minister’s green announcement reflects several policies that we’ve championed over more than a decade.
After some key personnel changes at the top, the Prime Minister has begun his administration’s ‘reset’ with a long-awaited 10-Point Plan for a Green Industrial Revolution. The Plan has been broadly praised for its breadth and welcomed as a major statement of intent across multiple technologies. He combined knotty, unglamorous issues such as home heating with big, visionary technologies like CCS and hydrogen.
Latest Environment & Energy News
Boris Johnson set out his vision for the United Kingdom on the steps of Downing Street yesterday – in the course of which he embraced many of the ideas championed by Policy Exchange in our series of policy proposals for the next Prime Minister.
In a major win for Policy Exchange, the official body advising the UK Government has recommended it considers the adoption of carbon border adjustment tariffs to help meet the Net Zero carbon emissions target.
At the prestigious annual Prospect Think Tank of the Year Awards, Policy Exchange has won best UK think tank in the Energy and Environment category.
Latest Environment & Energy Events
- Tuesday, 26 January, 2021
10:30 - 11:30
The UK’s Net Zero target requires all sectors of the economy to decarbonise, particularly electricity, transport, heating, and industry. At this event, the panel will discuss the main elements of the UK Government’s recent Energy White Paper, including any areas where the Government could have gone further.
- Wednesday, 17 October, 2018
11:30 - 13:15
The concept of a ‘hydrogen economy’ has been put forward by proponents for many decades. In theory, this abundant element is a perfect solution to our clean energy needs. It does not produce greenhouse gases when burned, it can be stored in large quantities for long periods, and it can be used as a fuel in virtually every sector of our economy, from transport to heavy industry to home heating. Despite the notion existing for some time, and recognition of the environmental benefits that this entails, it is yet to materialise fully.
- Wednesday, 10 October, 2018
11:30 - 13:30
The launch of our new report The Future of Carbon Pricing: Implementing an independent carbon tax with dividends in the UK.
- Tuesday, 18 September, 2018
12:00 - 14:00
About the event The UK energy system is undergoing a transformation towards a decarbonised, decentralised, and digitalised future. According to research by the Carbon Trust and Imperial College London, a smart flexible electricity grid could help the UK cut carbon more cheaply, saving up to £40bn between now and 2050. The National Infrastructure Commission concluded that a (more…)
- Tuesday, 14 November, 2017
12:30 - 14:00
Policy Exchange invites you to a discussion of the role of business energy productivity in delivering clean growth. Despite policymakers actively considering what to do next, there is still a need for significant thinking to progress from the generic barriers identified to the concrete policy recommendations set out in this report.
Venue: Policy Exchange
- Monday, 25 September, 2017
17:30 - 18:30
Speakers: Andy McDonald MP, Shadow Secretary of State for Transport, Lilian Greenwood MP, Chair, Transport Select Committee, Prof Marcus Newborough, Development Director, ITM Power, Marcus Stewart, Head of Energy Insights, UK Energy Strategy, National Grid, Mike Copson, Hydrogen Business Development Manager, Shell New Energies, Matt Rooney, Energy and Environment Research Fellow, Policy Exchange
Venue: Labour Party Conference