MPs criticize UK government's lack of coherent strategy for decarbonizing power system by 2035

The UK government lacks a coherent strategy to meet its goal of decarbonizing the power system by 2035, according to an influential cross-party group of MPs. The Public Accounts Committee (PAC) is skeptical of the government's expansion plans for nuclear, solar, and wind power, and believes the private sector lacks clarity on investment.

The PAC finds an "information vacuum" in key areas, including the cost of the transition and what decarbonization will mean for energy bills.

The government has committed to providing £20 billion in funding for new carbon capture technology but climate campaigners criticize the lack of funding for solar or wind industries.

The PAC recommends the government pulls together its various plans for decarbonizing the system into one report by autumn 2023 at the latest, to provide greater clarity to the private sector and contain information on the costs of decarbonization.