CompaniesFor some time, the trajectory of renewable energy infrastructure trusts appeared inexorable: the march to decarbonisation was inevitable, government backing a given and the regulatory environment supportive. The most recent IEA Energy Investment Report showed energy consumption has grown from 122,857TWh in 2000 to 178,899TWh in 2022, a rise of 46%[5]. Electricity can be generated by renewables, so the aim is to electrify energy consumption where possible and grow the use of renewables for electricity supply. He adds: “The Department for Energy Security & Net Zero has laid out how we use energy and created five-year budgets for emissions. In all the politics around net zero, there also needs to be a consideration of the costs of not taking action – and not just for the climate.

Source: The Guardian August 11, 2023 09:01 UTC