Economic Affairs Committee
Investing in energy: price, security, and the transition to net zero
1st Report of Session 2022-23 - published 21 July 2022 - HL Paper 49
Contents
Table 1: Low-carbon target capacities
Figure 1: Timescales for energy investment
Figure 2: Capital expenditure and operational savings during the transition to net zero by 2050
Figure 3: Total power available from wind and solar in Great Britain in 2021
Supply and affordability crisis
Figure 4: Wholesale price of energy, January 2021–January 2022
Figure 5: UK natural gas supplies by source (billion cubic metres per year)
Chapter 2: Investment and action in the short term
Figure 7: Home insulation rates by measure and year
Deployment of renewables: onshore wind
Extending the life of generating plants
Figure 8: Location and retirement dates of UK nuclear plants
EU-UK energy cooperation on gas
Chapter 3: Increasing investment in the transition
Figure 10: Cap and floor mechanism
Market models and low carbon technologies
UK Infrastructure Bank and net zero
Role of the Future Systems Operator
Chapter 4: Financial regulation
Taskforce on Climate-related Financial Disclosures
Chapter 5: International cooperation
Supply chains for the transition
Figure 11: Global supply and demand per decade under IEA transition scenarios
Chapter 6: An energy strategy for the future
Summary of conclusions and recommendations
Appendix 1: List of Members and declarations of interests
Evidence is published online at https://committees.parliament.uk/work/6535/uk-energy-supply-and-investment/publications/ and available for inspection at the Parliamentary Archives (020 7219 3074).
Q in footnotes refers to a question in oral evidence.