Tag: LCP Delta

GB set to miss 2030 Clean Power target

Stuart Mitchell

By 2030 only 83% of GB electricity generation will be produced by clean power as defined under CP2030, with the 95% Clean Power target unlikely to be achieved until 2035. While generation from clean power sources has risen steadily in recent years, increasing from 68% in 2020 to 74% by the end of 2025, deployment of key technologies remains short of what is needed to meet the target. LCP Delta’s GB Power Market Outlook found that despite reaching 83% of clean power in 2030 under current plans, a further 28GW…

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EV charging poised to contribute £15.5 billion to UK economy over a decade

Stuart Mitchell

The UK EV charging sector can deliver £15.5 billion in direct value to the economy by 2035 and enable a huge twenty-five-fold multiplier as the foundation for the £385 billion economic opportunity of wider transport electrification, a new report by industry analysts LCP Delta has shown. The more than 12,000 EV charging jobs which exist today can scale to 35,700 which doubles to 71,500 including induced and across the industry’s nationwide supply chain. The sector can also enable 334,000 across the EV sector, including automotive and battery manufacturing, retail and…

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