Skip to content
Friday 21 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,748.16
+0.04%
DAX
25,983.04
-0.42%
CAC 40
8,453.09
0.00%
STOXX 50
6,422.06
-0.35%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 29 March 2022 8:49 am  |  Updated:  Tuesday 29 March 2022 8:57 am

Kwarteng targets trebling of solar power capacity as part of renewable ramp up plans

By: Nicholas Earl

Add as a preferred source on Google

Business Secretary Kwasi Kwarteng wants to triple the number of solar panels and double UK onshore wind power by the end of the decade, a move that could offer cheaper domestic energy but risks the wrath of local communities and protests.

The department for business, energy and industrial strategy (BEIS) has put forward highly ambitious targets in the upcoming energy security strategy, according to The Financial Times.

Sources told the newspaper Kwarteng’s proposals include ramping up solar power from 14 gigawatts to 50GW, offshore wind from 11GW to 50GW, onshore wind from 15GW to 30GW, and nuclear power from 7GW to 16GW

Last November, Prime Minister Boris Johnson set out a green 10-point plan during the COP26 climate conference in Glasgow, alongside a revamped National Infrastructure Strategy, which both referenced a 40GW target for offshore wind.

Downing Street is now looking to bolster energy plans with a supply security strategy follow Russia’s invasion of Ukraine, which has deepened the already stark cost of living crisis.

However, the government’s white paper has been delayed for several weeks with Downing Street and the Treasury unable to reach an agreement over boosting nuclear.

While Johnson favours a ‘big new bet’ on nuclear with up to six new power stations, Chancellor Rishi Sunak, is reportedly concerned about the cost of underwriting and co-investing in more plants beyond Hinkley Point C and Sizewell C.

Meanwhile, some Tory MPs sympathise with local opposition to wind farms and solar farms, amid concerns about their impact on views and biodiversity.

Currently, onshore wind sites have to be featured in local plans with residents having an effective veto over sites.

The ramp up would scrap this protection, a move that will face resistance within the party and in local communities across the country.

Wary of the backlash, ministers are reportedly considering plans to give financial incentives to households near wind farms or new nuclear power stations to ease concerns.

Read more

KKR to Acquire a 50% Stake in a Portfolio of Developed Renewable Assets from TotalEnergies Across Europe

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Energy
  • gas crisis
  • Green energy
  • Ukraine

Trending Articles

  • Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’

  • Amanda Blanc has worked her magic at Aviva

  • City law firm sues prominent Emirati business family

  • House prices in wealthy London boroughs fall by up to £300,000

  • As it happened: Miners fuel FTSE 100 recovery; oil jumps as Trump claims Strait of Hormuz

More from Morning Wire

  • KKR to Acquire a 50% Stake in a Portfolio of Developed Renewable Assets from TotalEnergies Across Europe

    Business Wire
  • BP eyes finalising sale of solar arm to Kuwait-backed wealth fund

    Energy
    British Petroleum BP forecourt with fuel pumps and company signage visible in a business setting, highlighting energy serv...
  • Britain faces energy squeeze from solar eclipse

    Energy
    Rows of blue solar panels in a field, generating clean energy, with green trees in the background.
  • Grid operator issues fresh heatwave warning over power supplies

    Energy
    Air conditioning vents in a grid pattern, illustrating cooling solutions during a heatwave
  • ReNew Reports 25.6% Reduction in Scope 1 & 2 Emissions and 24.7 Billion Units of Clean Power Generated in FY 2025-26

    Business Wire
  • Quinbrook Closes Oversubscribed GBP 587 Million Renewables Impact Fund II

    Business Wire
  • Energy operator ‘flying blind’ as net zero push threatens hiked bills and blackouts

    Energy
    Energy prices are high due to a range of factors including volatile gas prices and high net zero levies.
  • ReNew Announces Results for the First Quarter for Fiscal Year 2027 (Q1 FY27), Ended June 30, 2026

    Business Wire
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook