We welcome the ambition set out in the Government’s Ten Point Plan for a Green Industrial Revolution and await the further details coming in the Energy White Paper, National Infrastructure Strategy and National Policy Statement reviews. What the Government has outlined creates many opportunities for the energy industry overall and the green economy. Commenting on the announcement, our Managing Director, Steven Hardman, said:
“As the UK’s largest provider of flexibly generated power, Conrad Energy’s contribution will be vital in helping the UK to meet the challenge of net zero. We see the re-opening of the CfD auctions as a key step in increasing investment in clean energy and will be participating as we diversify our asset portfolio.
To make this statement of intent a reality, there will need to be a huge amount of cross-sector coordination and collaborative working. With targets of 5GW hydrogen production, 10Mt carbon dioxide capture and 40GW offshore wind by 2030, policy support, network infrastructure and habitat matters will need to be properly addressed.
The announcement is great news for the accelerated decarbonisation of the Grid, and we look forward to working with other key energy providers to help facilitate the energy revolution.”