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illuminem summarizes for you the essential news of the day. Read the full piece on Euronews or enjoy below:
🗞️ Driving the news: Solar panel installations in the UK have tripled due to new subsidies and government incentives
• The Labour Party's recent victory is set to further boost solar power with plans to triple the country's solar capacity by 2030
🔭 The context: Historically, subsidies like the Feed-in Tariff (FIT) and Smart Export Guarantee have significantly increased solar installations
• Currently, only 7% of UK homes have solar panels, contributing 3% of the nation’s energy, but potential exists to raise this to 43%
🌍 Why it matters for the planet: Expanding solar energy reduces reliance on fossil fuels, enhances energy security, and lowers household bills
• Solar panel installations also cut carbon emissions, supporting broader climate action goals
⏭️ What's next: The UK government will invest £6.6 billion over five years to upgrade five million homes, focusing on insulation, solar panels, batteries, and low-carbon heating
• Simplified approval processes and tightened energy efficiency standards in rentals will further support solar adoption
💬 One quote: “It’s very unlikely that the U.K. will be able to produce all of the SAF that it needs.” — Antony Henderson, head of low-carbon fuel international and trade policy at the UK Department for Transport
📈 One stat: Solar panels could reduce household bills by up to £600 annually, with an average installation cost of £7,000 potentially paying for itself within 12 years
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