The UK’s business secretary is putting forward plans to triple the country's solar power capacity by 2030.
Kwasi Kwarteng is also proposing to double onshore wind power under initiatives in an energy security White Paper.
The strategy is also understood to contain plans for at least six nuclear power stations.
The paper has been delayed by the question of costs.
The UK is presently investing in two plants – at Hinkley Point in south-west England and at Sizewell in Suffolk in the south-east.
According to the Financial Times, Mr Kwarteng’s 2030 renewables targets include increasing solar from its current capacity of 14 gigawatts to 50 gigawatts, offshore wind from 11 gigawatts to 50 gigawatts, onshore wind from 15 gigawatts to 30 gigawatts.
RenewableUK, which campaigns to double onshore wind capacity, has welcomed the developments.
“[It is] great news for hard-pressed energy bill payers, because onshore wind is the UK’s cheapest source of new power and we can build shovel-ready projects faster than any other source of energy,” it told the Financial Times.
Mr Kwarteng’s plans also include an increase in nuclear power from 7 gigawatts to 16 gigawatts.
Prime minister Boris Johnson set out plans in 2020 aiming for a 40 kilowatt target for offshore wind.
Last year, Norway was the biggest single source of gas supplies to the UK, according to a report by OEUK, which represents the oil, gas and offshore wind energy sector.
OEUK said that unless investment in the North Sea is increased, about 80 per cent of UK gas supplies will have to be sourced abroad by 2030.
This month, Mr Johnson travelled to Saudi Arabia for talks with Crown Prince Mohammed bin Salman in the hope that the kingdom will increase its production of oil and gas to make up for a reduced reliance on Russia.
Mr Johnson's government announced a plan to phase out imports of Russian oil by the end of the year.
In Search of Mary Shelley: The Girl Who Wrote Frankenstein
By Fiona Sampson
Profile
Company%C2%A0profile
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In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
- Energy engineer: Dh25,000 to Dh30,000
- Production engineer: Dh30,000 to Dh40,000
- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
- Senior reservoir engineer: Dh40,000 to Dh55,000
- Senior drilling engineer: Dh38,000 to Dh46,000
- Senior process engineer: Dh28,000 to Dh38,000
- Senior maintenance engineer: Dh22,000 to Dh34,000
- Field engineer: Dh6,500 to Dh7,500
- Field supervisor: Dh9,000 to Dh12,000
- Field operator: Dh5,000 to Dh7,000
The specs: 2018 Maserati Levante S
Price, base / as tested: Dh409,000 / Dh467,000
Engine: 3.0-litre V6
Transmission: Eight-speed automatic
Power: 430hp @ 5,750rpm
Torque: 580Nm @ 4,500rpm
Fuel economy, combined: 10.9L / 100km
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Dubai World Cup prize money
Group 1 (Purebred Arabian) 2000m Dubai Kahayla Classic - $750,000
Group 2 1,600m(Dirt) Godolphin Mile - $750,000
Group 2 3,200m (Turf) Dubai Gold Cup – $750,000
Group 1 1,200m (Turf) Al Quoz Sprint – $1,000,000
Group 2 1,900m(Dirt) UAE Derby – $750,000
Group 1 1,200m (Dirt) Dubai Golden Shaheen – $1,500,000
Group 1 1,800m (Turf) Dubai Turf – $4,000,000
Group 1 2,410m (Turf) Dubai Sheema Classic – $5,000,000
Group 1 2,000m (Dirt) Dubai World Cup– $12,000,000
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What drives subscription retailing?
Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.
The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.
The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.
The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.
UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.
That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.
Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.
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