MPs state that while the aim to decarbonise the power sector by 2035 is challenging, the absence of a comprehensive delivery plan puts these goals in jeopardy.
The report reveals that although the government has several separate plans for power decarbonisation, the lack of an integrated and coherent approach undermines its overall ambitions.
The PAC insists that by autumn 2023, a unified plan must be developed to ensure effective progress towards these targets.
Furthermore, the report emphasizes the need for the government’s delivery plan to clearly outline when and how the costs associated with decarbonising the power sector will impact energy bill payers and taxpayers.
The committee suggests the current system typically passes on the costs of building, maintaining, and operating the power system to consumers, but the government has yet to assess the implications of the clean energy transition for the general public.
A Department for Energy Security and Net Zero spokesperson told ELN: “Far from the committee’s claims, our plans to power up Britain seizes opportunities from our transition to a decarbonised energy system.
“We have already attracted £120 billion of private investment in renewables since 2010 and expect to attract a further £100 billion of investment which will support up to 480,000 jobs by 2030.
“This will build on our world-leading record on delivering cheaper, cleaner and more secure energy, having the world’s four largest operational wind farms off our shores and renewable sources now accounting for 40% of our electricity supply – up from just 2% in 2010.”