Christmas came early for energy nerds with the arrival of a dense 136-page document detailing how the UK government plans to decarbonize the nation's electricity supply by 2030. There will inevitably be complaints and some details are hazy. But this long-awaited work demonstrates that there's finally a government in power in London that's actually serious about the clean power mission.
The UK's Clean Power 2030 Action Plan covers a lot of ground, all in the pursuit of three goals: achieving energy security, spurring new growth industries and reducing greenhouse gas emissions.
It starts with a precise definition of 'clean power,' in keeping with the National Energy System Operator's (NESO) characterization that said clean power should cover 100% of electricity demand by 2030, in a year with average weather conditions. However, the NESO also left room for unabated gas to pick up the slack during periods of cold, windless and cloudy weather—or dunkelflaute, as Germans call it, specifying that at least 95% of the electricity generated within the country's borders should come from low-carbon sources.
Diese Geschichte stammt aus der December 23, 2024-Ausgabe von Mint Ahmedabad.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 23, 2024-Ausgabe von Mint Ahmedabad.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
A Boycott of Costco for Its DEI Efforts Is Not Likely to Succeed
The US retailer has a loyal base of shoppers that it's unlikely to lose
Wealth tax: Let's judge it by principles of taxation
Tax canons laid down by Adam Smith remain relevant, though his list has been extended. Test the idea of a wealth tax against these, lest we get carried away by progressive idealism
Hacked in 2024? India's privacy rules require you to take action
Draft digital personal data protection rules demand that data breaches be reported retrospectively
Let's take cues from Piketty to raise India's tax revenue
When it comes to budgeting, there are some revenue streams that are linked with broader growth in the economy.
Health insurance claims: How to ensure grievance redressal
My health insurer recently rejected my claim, citing my inability to provide key internal hospital papers that they require. Despite having submitted all other necessary documents, they are insisting on these specific papers, which I am unable to obtain from the hospital. I believe my claim is valid and that I have complied with all the necessary documentation required. What are my options to ensure that my grievance is handled fairly and my claim is reconsidered? -Name withheld on request
Top 5 AI Trends To Watch In 2025
From agentic systems to humanoids, AI is everywhere. But ethical concerns remain over its growing role
MFD, RIA, RA: Explore your career as a financial adviser
Understand the earning potential, licensing and compliance to choose your best suited path
Cutting Through the Clutter: Key Focus Areas for Retail Investors in 2025
Remember that social media is for fun, and not serious topics such as personal finance advice
Centre to give LPG subsidy to oil PSUs
The government is likely to provide a subsidy of ₹35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, people aware about the development said.
Adani group to sell 20% in Wilmar JV
Adani Group plans to sell a stake of up to 20% in Adani Wilmar amid plans to exit.
