The UK energy sector is undergoing a major transformation as the country moves towards its ambitious Net Zero targets. In this episode of Hardman Talks, host Larissa Adams sat down with renewables analyst Nigel Hawkins to explore the key trends shaping the future of UK energy, following the publication of his recent report, UK energy policy – up for grabs?
With the Labour government pushing for stronger climate policies, investment in renewable sources such as offshore and onshore wind is expected to rise. However, questions remain about the financial feasibility of nuclear power and the long-term role of gas-fired plants in maintaining grid stability.
Despite the decline of coal, Nigel emphasises that gas-fired power plants will continue to play a crucial role in ensuring a reliable electricity supply. Recent energy shortages have highlighted the limitations of renewables, particularly during periods of low wind speeds and extreme cold. While nuclear energy remains a key component of the UK’s energy strategy, challenges around financing and construction timelines raise concerns. The discussion also touched on the potential for small modular nuclear reactors, which could be a game-changer in the coming years but still require extensive regulatory approvals before widespread adoption.
Looking ahead, the future of UK energy will depend on a delicate balance between renewables, nuclear power, and traditional gas-fired plants. Investment in wind power is expected to grow significantly, but infrastructure challenges, such as transmission links and interconnectors, must be addressed. Meanwhile, the development of alternative technologies like tidal and wave energy remains slow. As policymakers navigate the transition to a greener grid, industry experts stress the importance of a diversified energy mix to maintain security and affordability.
Watch the discussion now to find out more.