Some of Britain’s biggest companies are urging the Prime Minister to “accelerate the move off oil and gas” onto technologies which run on electricity, such as heat pumps and electric vehicles.
Firms including Tesco, National Grid, Octopus Energy and EDF warn that Britain’s high electricity bills are pushing investment in projects like EV battery gigafactories and AI data centres towards other countries.
Under the Energy Secretary Ed Miliband’s Clean Power 2030 agenda, the Government has set a goal for clean power to meet 95 per cent of the UK’s electricity demand by 2030.
Shorts
However, critics argue that the focus on cleaning up electricity generation has distracted from cutting bills and ignores the fact that transport and housing are responsible for a greater share of greenhouse emissions.
