20120430-IEA-Energy_Policies_of_IEA_Countries_The_United_Kingdom_2012_Review_182页_4mb

Summary of "Energy Policies of IEA Countries: The United Kingdom 2012"

The UK has set ambitious decarbonization targets, including a 50% reduction in greenhouse gas emissions by 2027 and 80% by 2050 (from 1990 levels). Key policies include electricity market reform with a carbon price floor and contracts for difference to incentivize low-carbon investments, the Green Deal for energy efficiency, and promotion of renewable energy, especially offshore wind. Challenges include declining fossil fuel production, phasing out of coal under stricter environmental regulations, and delays in carbon capture and storage (CCS) deployment. Energy security relies on diversifying imports and enhancing infrastructure, such as gas storage. The UK remains a leader in renewable energy, with significant investments in RD&D and international collaboration. Recommendations focus on maintaining climate policies, enhancing market liquidity, and addressing non-financial barriers like public awareness and skills shortages.