(Bloomberg) -- The U.K. will produce electricity only from renewable and nuclear sources by 2035 under plans set out by Prime Minister Boris Johnson’s government.
With the country grappling with a crisis that has driven natural gas and power prices to record highs and forced the collapse of a number of suppliers, Business Secretary Kwasi Kwarteng announced plans to further cut Britain’s reliance on fossil fuels. He told a conference of the ruling Conservative party on Monday that nuclear power has to be part of the solution in the U.K. energy mix.
“What we’re saying is that by 2035 we won’t have any fossil fuels,” he said, referring to power production. “We’ll have removed gas hopefully, as well as coal.” “The advantage of that is that it will mean that, for the first time, the U.K. is not dependent on hydrocarbons coming from overseas with all the vagaries in hydrocarbon prices and the risk that poses for people’s pockets and for the consumer,” he said.
Kwarteng has promised to set out a strategy this month for how the U.K. will reach net-zero emissions by 2050. He’s also expected to unveil a long-awaited plan on how to decarbonize the country’s heat supply.
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