Huhne delivers the first annual energy statement

Chris Huhne presents six possible pathways to secure an 80% reduction in carbon emissions by 2050.

Online PR News – 31-July-2010 – – Energy secretary Chris Huhne delivered the first annual energy statement to parliament today, committing the government to fixing the energy industry by providing affordable, secure and low-carbon energy.

The energy statement sketched out the government’s intention to reduce energy demand from domestic premises, promote renewable technologies, support the carbon price, overhaul electricity pricing incentives and twist the arm of the private sector to stump up for new nuclear facilities.

None of the issues in the energy statement are new, but this is the first time the government has articulated them succinctly under one policy umbrella. According to the energy statement, the government will incentivize micro-generation at both domestic and local community level and roll out smart meters as the first step in building a smart distribution grid.

Huhne said that the cheapest way of closing the gap between energy demand and supply is to cut energy use. He added that fossil fuels still have a place in a low-carbon economy, but only with carbon capture and storage.

DECC has also published the 2050 Pathways Analysis, a document aimed to generate debate by providing six possible scenarios for meeting the three criteria of affordable and secure energy supplies with an 80% reduction in carbon emissions by 2050.

Huhne said: “These are possible pathways. We are not claiming to be able to see the future with certainty. But we cannot continue on the current pathway: high–carbon, highly dependent on imports, highly volatile prices.”