IET Smart Grid · 2024 · 50 citations · 97 references
Public AffairsEnvironmental PolicyEnergy EconomicsEnergy PolicyEnvironmental EconomicsCarbon Emissions ManagementDecarbonization PathwaysEnergy Transition PolicyEnvironmental SustainabilityLow-carbon Energy TransitionRenewable EnergyClean Technology InvestmentEnergy-efficiency InvestmentGreen Technology InnovationGreenhouse Gas EmissionsNet Zero Emissions PolicyNet-zero Emissions PathwaysSectoral Decarbonization PathwaysSustainable Energy Transitions
Abstract The authors explore the various obstacles and possible approaches that the UK may take to fulfil its goal of having net‐zero greenhouse gas emissions by 2050. The paper thoroughly examines several aspects of this project, such as the modernisation of infrastructure, the energy transition, the economic effects, the obstacles to research and development, changes in behaviour, and the frameworks for policy and regulation. With a 44% decrease from 1990 levels by 2021, it showcases the UK's noteworthy achievement in lowering emissions and its ambitious initiatives, such as the £12 billion Ten Point Plan, to accelerate this development. The difficulties of switching from reliance on fossil fuels to renewable energy sources, their implications for the economy, and the necessity of green technology innovation are all covered in the article. It also discusses the behavioural sides of this shift, highlighting the need to change one's lifestyle and engage the public. To address these issues, the importance of international cooperation and policymaking is emphasised. Insights into potential remedies are provided by the article, which includes energy efficiency initiatives, investments in renewable energy, assistance for clean technology R&D, green funding options, public awareness campaigns, international cooperation, and regulatory frameworks. Every one of these alternatives is examined for possible effects and obstacles. The article concludes that reaching net zero in the UK is a complex but necessary objective that calls for a concerted strategy that strikes a balance between social and economic concerns and environmental sustainability.
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