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POWER: UK Fossil Fuel Power Hits Record Lows, Decarbonisation Challenges Remain

POWER
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UK fossil fuel power generation reached record lows in 3Q24, falling below 5GW in August. However, challenges remain in decarbonising the power sector, including reducing natural gas use, upgrading grid infrastructure, and managing rising balancing costs, according to Drax.

  • To meet the UK’s net-zero power grid goal by 2030, gas generation must fall to 5% from 25%.
  • As the UK nears 100% clean power, decarbonisation costs will rise, and with a projected 50% growth in electricity demand by 2035, there will be challenges in providing enough capacity and flexibility, Drax added.
  • The growing renewable energy output is straining the UK’s transmission network, particularly between Scotland and England.






     
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UK fossil fuel power generation reached record lows in 3Q24, falling below 5GW in August. However, challenges remain in decarbonising the power sector, including reducing natural gas use, upgrading grid infrastructure, and managing rising balancing costs, according to Drax.

  • To meet the UK’s net-zero power grid goal by 2030, gas generation must fall to 5% from 25%.
  • As the UK nears 100% clean power, decarbonisation costs will rise, and with a projected 50% growth in electricity demand by 2035, there will be challenges in providing enough capacity and flexibility, Drax added.
  • The growing renewable energy output is straining the UK’s transmission network, particularly between Scotland and England.