Carlisle MP John Stevenson has welcomed the new plan announced by the Government which will 'bolster the UK’s energy supply and cut emissions, and reduce household bills in Carlisle.'
Since 2010, the UK has seen £198 billion of investment into low carbon energy, through a mixture of government funding, private investment and levies on consumer bills.
Going forward it is anticipated around £100 billion of private investment will be forthcoming into the UK’s energy revolution.
The next generation of British nuclear power will be backed by Great British Nuclear, the Small Modular Reactor competition and the £120 million Nuclear Enabling Fund.
The Government will also 'bolster' the UK’s energy storage with a 'world-leading commitment' to Carbon Capture, Utilisation and Storage.
Today’s plan announces the Government will support eight projects backed by £20 billion of funding, securing up to 50,000 jobs.
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Commenting, John said: “I am delighted the Government have doubled down on these efforts backing new nuclear, new wind power technology and new hydrogen power in the UK.
“This will not only put us on a clear path to clean, secure and sustainable energy but it mean families in Carlisle do not pay the price for expensive, volatile fossil fuels.”
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