The new UK Infrastructure and Projects Authority brings together the expertise of Infrastructure UK and the Major Projects Authority to improve delivery of major government projects. It has a renewed mandate to set out and help deliver the UK's infrastructure priorities for the next 5 years and has today issued a refreshed National Infrastructure Delivery Plan, and will report annually on progress.
To view the report please click here.
The report comments on the plans for infrastructure across all the sectors from roads to airports and flood protection.
It does contain a section specifically on Energy and talks of a £114 billion pipeline of investment in energy works which includes Hinckley Point nuclear new build; major gas, biomass and offshore wind projects to provide at least 5GW of new capacity; new interconnectors built to Norway, France and Belgium; the installation of 50 million smart meters and new energy efficiency measures helping 1 million households.
Future policy announcements that are anticipated include setting out what support will be available for up to 10 GW of new offshore wind capacity in the 2020s if costs fall. The government will auction CfDs of up to £730 million this Parliament for offshore wind and other less established renewables with a first auction of £290 million. Support for offshore wind will be capped initially at £105/MWh (in 2011-12 prices), falling to £85/MWh for projects commissioning by 2026.
The section dealing with Projects in Development states:
The UK could play a leading role in development of Small Modular Reactors (SMRs), which would help revolutionise the civil nuclear sector and contribute low carbon baseload electricity. The government has commenced the first stage of a competition to identify an SMR to be built in the UK, and will publish a delivery roadmap later this year.
Tidal lagoons have the potential to provide the UK with clean and secure energy, but more work needs to be done to determine if they represent value for money. Starting this spring, the government has commissioned a review to improve understanding of how tidal lagoons could contribute to the future energy mix cost effectively. The review will help establish an evidence base to ensure all decisions made regarding tidal lagoon energy are in the best interests of the UK.