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Four separate reports show that the UK could save over €120 bn by 2050 by switching to a renewable energy strategy

LUT University in Finland has found that a 100% renewable energy/storage
mix would save the UK over €120 bn by 2050 compared with the UK
Government’s current net zero plan.

That’s one conclusion from a series of
scenarios in a new LUT report. Its ‘Best Policy Scenario’ (BPS), aims for
100% renewable energy in 2050, with offshore wind as the main resource,
limiting onshore wind and solar according to available land area, but it’s
backed up by a second scenario called ‘Inter-Annual Storage’ (IAS) which
adds on to the BPS the required inter-annual storage needed to provide good
levels of insurance against the possibilities of low-wind years.

A third scenario (BPSplus) tests the limits of higher land area availability for
onshore wind and solar photovoltaics, and where also renewable
electricity-based e-fuel imports are allowed. And finally, a fourth scenario, called ‘Current Policy Scenario’ (CPS), looks at the UK Government’s strategy for net zero as published in 2020.

A very worthwhile assessment exercise – all credit to Dr David Toke and the ‘100%
Renewables’ lobby group for supporting it. It does clearly show that a zero
carbon 100% renewables scenario is possible, at lower cost than any other
scenario. As Toke notes the implications are that ‘all public and
enforced consumer spending on new nuclear power and carbon capture and
storage should be scrapped and instead funding should be put into renewable
energy, energy efficiency and storage capacity.’

Renew Extra 21st Jan 2023

https://renewextraweekly.blogspot.com/2023/01/lut-university-in-finland-has-found.html

January 23, 2023 - Posted by Christina Macpherson | renewable, UK