Stephen Morgan MP has said Labour’s Clean Power plan would save households £475 each year for the rest of the decade, a total of £93 billion off UK energy bills by 2030.
The Official Opposition announced today that the central mission of the next Labour Government will be to turn the UK into a clean energy superpower.
Labour has said its proposals would make the UK energy independent, reindustrialise the UK by supporting the creation of over 200,000 direct jobs over the decade, and tackle the climate crisis by making the UK the first major economy to have a zero-emission power system.
To achieve this target, by 2030, Labour has said its next government would:
- Quadruple offshore wind with an ambition of 55GW by 2030;
- Accelerate the pioneering floating offshore wind technology by fast-tracking at least 5GW of capacity;
- More than triple solar power to over 50GW;
- More than double our onshore wind capacity to 35GW;
- Ensure the long-term security of nuclear power – getting projects at Sizewell and Hinkley over the line, extending the lifetime of existing plants and backing new nuclear and Small Modular Reactors;
- Invest in carbon capture and storage and hydrogen to ensure that there is sufficient zero-emission back-up power and storage for extended periods without wind or sun, while maintaining a strategic reserve of backup gas power stations to guarantee security of supply;
- Double down on green hydrogen, with 10GW of production – twice the government’s target – for use particularly in flexible power generation, storage, and industrial processes like green steel;
- Unleash marine and tidal power;
- Reform planning laws and build out the grid; and
- Manage existing oil and gas wells sustainably over the coming decades, while putting a stop to new oil and gas licences and continuing to oppose fracking
It complements Labour’s plan to increase energy efficiency, including through its Warm Homes Plan to insulate 19 million cold, draughty homes over a decade.
The Member of Parliament for Portsmouth South, Stephen Morgan, said:
“Labour’s plan for clean power by 2030 will save Portsmouth households £475 per year until 2030, and break the UK’s vulnerability to Putin and his cronies. It will also support our drive for higher growth and rising living standards.
“From a world-leading offshore wind industry in Scotland and the East Coast, hydrogen in the North-West and Teesside, nuclear power in the South-East, and solar power in the South and Midlands, this truly national enterprise will unleash Britain’s potential with thousands of good, well-paid jobs across our country.
“This is a plan that will drive jobs, tackle the cost of living, and protect Portsmouth and the country for future generations by tackling the climate crisis.”
