. Military Space News .
OIL AND GAS
Ukraine war, energy crisis force UK into fossil fuels rethink
By Jitendra JOSHI
London (AFP) April 6, 2022

Given the climate emergency, the UN chief says that investing now in fossil fuels is "moral and economic madness". But given the energy shock from the war in Ukraine, Britain is set to do just that.

Prime Minister Boris Johnson's government will on Thursday release a much-delayed energy strategy that will call for more renewable power from nuclear, offshore wind and solar.

But it will also invite new licences to drill for North Sea oil and gas and help alleviate price pressures "in the nearer term", according to an outline of the plan released in advance by the government.

The strategy "will reduce our dependence on power sources exposed to volatile international prices we cannot control, so we can enjoy greater energy self-sufficiency with cheaper bills", Johnson said in a statement.

When Britain hosted the COP26 climate summit in November, the prime minister sounded as ominous as any environmentalist in warning governments about the dangers of inaction.

But the government says the market shock from sanctions on Russia requires a temporary reappraisal of fossil fuels, as rocketing energy prices leave Britons facing the worst cost-of-living crisis since the 1950s.

"Scaling up cheap renewables and new nuclear, while maximising North Sea production, is the best and only way to ensure our energy independence over the coming years," Business and Energy Secretary Kwasi Kwarteng said.

- Politics of power -

But for UN secretary-general Antonio Guterres, there is lunacy in backing fossil fuels at all, as he spelt out Monday at the release of the latest UN report on climate change.

The 3,000-page report warned that countries risk ending up with trillions in worthless assets such as offshore platforms and pipelines when demand for fossil fuels wanes in coming decades.

For the UK government, however, political pressure to tackle the energy crisis is heating up ahead of nationwide local elections on May 5.

The new strategy envisions enough offshore wind production to power every UK home by 2030, and one-quarter of all electricity coming from both large and smaller "modular" nuclear reactors.

It also projects a five-fold increase in solar power and a doubling in energy derived from "low-carbon" hydrogen.

If all the bets come off, according to the statement, Britain could derive 95 percent of its electricity from low-carbon sources by 2030.

No costings were given, but the government said it was underpinned by �100 billion ($130 billion, 120 billion euros) of private-sector investment in "clean energy" leading to 480,000 new jobs by 2030.

Up to eight large-scale reactors could begin to be built this decade under the plan.

Modular reactors power the Royal Navy's nuclear submarines but are untested at scale, and their part in the energy strategy is "subject to technology readiness from industry", the statement said.

Since the invasion of Ukraine, the government is also reviewing a long-stalled plan to harness the enormous tidal power of the Severn Estuary between Wales and southwest England.

- Europe's windy Saudi? -

But while a tidal barrage, mass hydrogen power and new nuclear plants would be many years away, Johnson has also been talking up storm-tossed Britain's near-term potential as the "Saudi Arabia of wind".

Offshore turbines remain far more expensive than onshore ones, which industry sources say could be built relatively quickly and offer some relief from the inflationary crisis in the next year or two.

But many Conservative MPs including cabinet members are hostile to more onshore turbines, arguing they are a blot on the landscape.

The strategy document says the government will consult with local communities to host onshore wind farms in return for "guaranteed lower energy bills".

Environmental groups lamented the government's return to fossil fuels, and said there was nothing in the plan to target efficiency and insulation in Britain's leaky homes.

"This isn't an energy security strategy and will do nothing to bring down energy bills," argued Ed Matthew, campaigns director at climate change think-tank E3G.

"It is a national security threat and the person who will be happiest with it is (Russian President) Vladimir Putin," he said.


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
Ukraine air strike hits fuel depot in Russia: governor
Moscow (AFP) April 1, 2022
A Russian governor on Friday accused Ukrainian helicopters of bombing a fuel storage depot in western Russia sparking a huge fire, in Kyiv's first reported air strike on Russian soil. The Kremlin said the reported Ukrainian air strike at Belgorod, a town around 40 kilometres (25 miles) from Russia's border with Ukraine, would hinder future peace talks. "Of course, this is not something that can be perceived as creating comfortable conditions for the continuation of negotiations," Kremlin spokesm ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Lockheed Martin demonstrates layered missile defense for US Army

MDA and US Army test integration of THAAD and Patriot missile defense

Germany mulling Israeli anti-missile shield purchase

Boosting Ukraine's anti-air batteries proves easier said than done

OIL AND GAS
North Korea goes Hollywood with dramatic missile launch footage

UK to send more missiles, money to Ukrainian army

Russia fires second hypersonic missile; As Ukraine urges cease-fire

Report to Congress on Hypersonic Weapons

OIL AND GAS
Drones over Ukraine: fears of Russian 'killer robots' have failed to materialise

'Punishment from above': Hobby pilots build Ukraine's drone fleet

DLR measures flow phenomena around wind turbines with a swarm of drones

Tiny battery-free devices float in the wind like dandelion seeds

OIL AND GAS
HENSOLDT Cyber and Beyond Gravity team up for robust satellite cybersecurity

Hughes selected to deploy Private 5G Network for DoD

Russian Military Takes Command of Meridian-M Comms Satellite

Trisept completes space simulation tests of TSEL satellite security system

OIL AND GAS
Biden, Zelensky discuss 'additional capabilities' for Ukraine military

Ukraine demands unlimited NATO aid against Russia's month-old war

Kyiv urges West to supply offensive weapons to fight Russia

Javelin anti-tank missile, symbol of Ukraine's resistance

OIL AND GAS
Ukraine war spurring NATO allies to spend more: Stoltenberg

US to further target Russian warfare capabilities: official

How Germany, shaken by Ukraine, plans to rebuild its military

Iran hits back at US criticism after arms display

OIL AND GAS
Czechs send 250 soldiers to Slovakia to set up NATO battlegroup

US, NATO express shock over civilian killlings in Ukraine

Moscow accuses Kyiv of air strike in Russia in new snag for talks

EU to seek China rethink over Russia ties

OIL AND GAS
Atom by atom: building precise smaller nanoparticles with templates

Ring my string: Building silicon nano-strings

Nanotube films open up new prospects for electronics

Using the universe's coldest material to measure the world's tiniest magnetic fields









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.