Solar energy, and its ability to help the UK meet its carbon emissions targets, could become more widely available in the next 20 years, according to a study from the UK’s Department for Energy and Climate Change (DECC).
Solar energy in Britain could supply as much as 50% by 2050, according the report, which also found that electricity demand would be up by around 1% in 2050.
This would make it one of the cheapest ways of providing electricity in the world, according DECC’s study, which was released this week.
The report also found solar could provide more than 80% of the UKs electricity needs in 2050, and would make up nearly 20% of its electricity generation by 2050.
Solar power has been growing rapidly in recent years.
According to a recent study by consultancy IHS, UK solar capacity will grow by around 20% annually between 2020 and 2030.
Solar panels on the roofs of buildings in London, London, December 14, 2020.
ReutersThe UK is set to hit its 2030 renewable energy target by the end of 2021, and the DECC is recommending that it increase this to 50GW by 2050 to reach 100GW by 2027.
But it warned that the technology needed to build a new generation of solar power stations and panels in the future was still relatively new.
Solar is the most efficient form of energy, but it has limitations, accordingto DECC, so it is important that the UK develops and deploys the technologies to meet the UK government’s carbon emissions reduction targets.
The UK’s energy system is a major contributor to climate change, with greenhouse gas emissions increasing by nearly 50% between 1990 and 2020.
Solar energy is the cheapest way of meeting carbon emissions goals, but DECC said solar power would only account for around 15% of total UK electricity demand by 2050 and the new technology needed would be “more cost-effective and cost-competitive than existing generation.”