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FACTBOX: Key facts from Britain's low carbon route map

LONDON
Wed Jul 15, 2009 12:11pm EDT

LONDON (Reuters) - Britain outlined on Wednesday how it plans to cut greenhouse gas emissions and tackle climate change.

Following are the key elements of the plan.

INDUSTRY

The government said the low carbon sector would be one of the few areas of the economy to grow during the recession and beyond. The UK low carbon goods and services sector is expected to grow by more than 4 percent per year up to 2014/15.

The global low carbon market could expand to at least 4.3 trillion pounds ($7.05 trillion) by 2015 from 3 trillion pounds in 2007/8 if a deal is reached at climate talks in Copenhagen in December.

The number of people employed in the sector in Britain could rise to more than 1 million by 2015, from 880,000 today.

In regard to housing, only zero carbon homes will be built from 2016, the government said.

TRANSPORT

The government said it will invest up to 10 million pounds in the deployment of electric vehicle charging infrastructure out of a total funding package of 405 million for the low carbon sector announced in the 2009 Budget.

BIOFUELS

The government said it would support creation of a biofuels demonstration plant in England to convert organic waste to bioethanol and would give further details later this year.

ENERGY EFFICIENCY

To increase energy efficiency, funding of up to 6 million pounds will be available for smart grid, which will be able to react to fluctuations in power demand and generation.

The government aims to get smart meters in every home by the end of 2020.

RENEWABLES OBLIGATION

The government said it was conducting a consultation to extend the lifetime of the Renewables Obligation (RO) to at least 2037 for new projects, but to limit RO support to 20 years per project.

To fund new low-carbon and renewable energy projects, the government said it would draw on capital from the European Investment Bank and other developers.

The scheme forces utilities to generate an increasing proportion of their electricity from low-carbon sources.

FEED-IN TARIFFS FOR SMALL SCALE POWER PRODUCTION

The government said feed-in tariffs would be introduced for installation of up to 5 megawatts from April 2010 and is consulting on design and implementation this summer. The tariffs offer financial incentives for domestic solar panels or wind turbines.

OFF-SHORE WIND

Out of the Budget funding allocation, the government has pledged up to 120 million pounds to support off-shore wind.

WAVE/TIDAL POWER

The government pledged up to 60 million pounds for wave and tidal power investment, including 9.5 million pounds for the Wave Hub demonstration facility off the Cornish coast.

The Wave Hub project is due to be built in 2010, with deployment in Spring 2011.

The report also said the final shortlist of the Severn tidal scheme were confirmed as three barrages, including Cardiff-Westen Barrage and two lagoons.

The government said it would provide up to 22 million pounds in a Marine Renewables Proving Fund for marine energy technologies reaching demonstration stage within 2011-2014.

RENEWABLE HEAT INCENTIVE

The government a financial incentive to secure heat from renewable energy sources would be available from 2011 with consultation expected toward the end of 2009 on eligible technologies, support levels and a levy to raise funding.

Until new financial incentives are introduced, 45 million pounds of new funding will be available, the government said.

PRICES

The government estimates that taken in isolation, the measures would increase household electricity bills by 15 percent and gas bills by 23 percent by 2020. But new and existing measures would add about 8 percent to household bills because of greater energy efficiency.

(Reporting by Nina Chestney, Peter Griffiths, Daniel Fineren, Nao Nakanishi, Kwok W. Wan, editing by Anthony Barker)



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