The Fort Worth Press - Britain vows to build new gas power stations

USD -
AED 3.672499
AFN 62.506428
ALL 82.669181
AMD 376.230888
ANG 1.790083
AOA 916.999898
ARS 1397.438963
AUD 1.434216
AWG 1.80225
AZN 1.698731
BAM 1.684191
BBD 2.010067
BDT 122.460754
BGN 1.709309
BHD 0.377549
BIF 2964.056903
BMD 1
BND 1.276953
BOB 6.911428
BRL 5.219601
BSD 0.997972
BTN 93.511761
BWP 13.674625
BYN 2.954524
BYR 19600
BZD 2.007225
CAD 1.379045
CDF 2277.560893
CHF 0.788285
CLF 0.023168
CLP 914.819733
CNY 6.892701
CNH 6.896815
COP 3705.22
CRC 464.994123
CUC 1
CUP 26.5
CVE 94.953305
CZK 21.031597
DJF 177.721517
DKK 6.434015
DOP 59.786189
DZD 132.496617
EGP 52.610098
ERN 15
ETB 154.279108
EUR 0.86114
FJD 2.24025
FKP 0.747226
GBP 0.744805
GEL 2.704971
GGP 0.747226
GHS 10.903627
GIP 0.747226
GMD 73.495784
GNF 8747.24442
GTQ 7.642594
GYD 208.863457
HKD 7.816545
HNL 26.426305
HRK 6.490797
HTG 130.855608
HUF 335.092497
IDR 16874
ILS 3.11496
IMP 0.747226
INR 94.01855
IQD 1307.361768
IRR 1313025.000172
ISK 123.859562
JEP 0.747226
JMD 157.486621
JOD 0.708967
JPY 158.778019
KES 129.750191
KGS 87.449198
KHR 4005.063378
KMF 425.99973
KPW 900.014346
KRW 1496.680243
KWD 0.30647
KYD 0.831676
KZT 481.782876
LAK 21486.820464
LBP 89375.339068
LKR 313.699656
LRD 183.13807
LSL 17.013787
LTL 2.95274
LVL 0.60489
LYD 6.362944
MAD 9.303745
MDL 17.455028
MGA 4166.899883
MKD 53.104551
MMK 2100.167588
MNT 3569.46809
MOP 8.04266
MRU 39.802636
MUR 46.459693
MVR 15.460316
MWK 1730.481919
MXN 17.730503
MYR 3.964988
MZN 63.910023
NAD 17.013787
NGN 1377.903141
NIO 36.726715
NOK 9.725698
NPR 149.61272
NZD 1.71587
OMR 0.3845
PAB 0.997963
PEN 3.451997
PGK 4.309899
PHP 59.985973
PKR 278.8205
PLN 3.674825
PYG 6511.920293
QAR 3.639338
RON 4.388203
RSD 101.148972
RUB 80.876407
RWF 1459.995436
SAR 3.751309
SBD 8.041975
SCR 13.769339
SDG 601.000445
SEK 9.270365
SGD 1.27794
SHP 0.750259
SLE 24.58613
SLL 20969.510825
SOS 570.306681
SRD 37.340127
STD 20697.981008
STN 21.09741
SVC 8.732681
SYP 110.948257
SZL 17.012336
THB 32.478014
TJS 9.575933
TMT 3.51
TND 2.927264
TOP 2.40776
TRY 44.357297
TTD 6.780508
TWD 31.907202
TZS 2570.059022
UAH 43.82926
UGX 3737.239351
UYU 40.671515
UZS 12175.463071
VES 458.87816
VND 26350
VUV 119.508072
WST 2.738201
XAF 564.849586
XAG 0.01366
XAU 0.000218
XCD 2.70255
XCG 1.798634
XDR 0.702492
XOF 564.869043
XPF 102.697908
YER 238.59782
ZAR 16.842011
ZMK 9001.211096
ZMW 18.887324
ZWL 321.999592
  • RYCEF

    0.4000

    16

    +2.5%

  • JRI

    0.4200

    12.28

    +3.42%

  • BCC

    0.5600

    74.13

    +0.76%

  • BCE

    -0.0750

    25.755

    -0.29%

  • NGG

    1.6500

    83.98

    +1.96%

  • RIO

    1.2700

    88.04

    +1.44%

  • VOD

    0.0900

    14.75

    +0.61%

  • AZN

    1.6400

    187.42

    +0.88%

  • RBGPF

    -13.5000

    69

    -19.57%

  • GSK

    1.4000

    54.35

    +2.58%

  • CMSC

    0.0500

    22.92

    +0.22%

  • CMSD

    0.1700

    22.8

    +0.75%

  • BP

    0.5350

    45.325

    +1.18%

  • BTI

    0.6750

    58.435

    +1.16%

  • RELX

    0.0200

    32.48

    +0.06%

Britain vows to build new gas power stations
Britain vows to build new gas power stations / Photo: © AFP/File

Britain vows to build new gas power stations

British Prime Minister Rishi Sunak's government pledged Tuesday to build new gas-fired power stations to boost energy security, drawing criticism over his climate policies before this year's general election.

Text size:

The Conservative government, which aims to achieve net zero carbon emissions by 2050, announced in a statement that it would seek to construct the gas power plants to avert a threat of energy blackouts.

The UK has spearheaded low-carbon energies such as nuclear, solar and wind power in a strategy to combat sky-high domestic electricity and gas bills, which rocketed after key producer Russia invaded Ukraine in early 2022, cutting off gas supplies and sparking a cost-of-living crisis.

"The government has committed to support the building of new gas power stations to maintain a safe and reliable energy source for days when the weather forecast doesn't power up renewables," it said in Tuesday's statement.

Sunak, whose Conservatives trail the main opposition Labour party in opinion polls, added that Britain needed to reach its net zero goal "in a sustainable way that doesn't leave people without energy on a cloudy, windless day".

Outlining the pledge in central London, energy minister Claire Coutinho also warned that "without gas backing up renewables, we face the genuine prospect of blackouts".

The independent Climate Change Committee (CCC), a UK body which advises the state, conceded last year that a "small amount" of gas-fired power in 2035 was "compatible with a decarbonised power system" in order to provide balance and ensure security of energy supplies.

Sunak had last year softened his net zero goals, specifically by delaying a ban on the sale of petrol and diesel cars by five years to 2035.

The UK has also issued a swathe of new oil and gas exploration licences to lift energy supplies amid Russian President Vladimir Putin's war in Ukraine.

"This is the latest step in efforts to reach net zero in a sustainable, pragmatic way that rids the UK of the need to rely on foreign dictators like Putin," the government added.

- 'Failure' -

Tuesday's news however drew the ire of Labour energy spokesman Ed Miliband, who urged Sunak to lift a de-facto UK ban on new onshore wind turbines.

"We need to replace retiring gas-fired stations as part of a decarbonised power system, which will include carbon capture and hydrogen playing a limited back-up role in the system," he said.

"But the reason the Tories cannot deliver the lower bills and energy security we need is that they are specialists in failure when it comes to our clean energy future: persisting with the ludicrous ban on onshore wind, bungling the offshore wind auctions, and failing on energy efficiency."

The gas announcement also sparked anger from environmentalists who argue they are counter to the nation's overall aim to help tackle climate change.

"The government's cunning plan to boost energy security and meet our climate goals is to make Britain more dependent on the very fossil fuel that sent our bills rocketing and the planet's temperature soaring," said Greenpeace UK policy director Doug Parr.

"The only route to a low-cost, secure and clean energy system is through attracting massive private investment to develop renewables and upgrade our ageing grid, but this government has failed on both fronts."

C.Dean--TFWP