FIVE MINUTES WITH ...

THE FOUNDER & INVENTOR OF TPGEN24 REFLECTS ON THE IMPACT OF MARKET CHANGES AND GEOPOLITICAL CHALLENGES ON THE TIDAL SECTOR

The ongoing Russia-Ukraine War has thrown a stark spotlight on European energy security , particularly the UK ’ s own lacklustre energy security strategy . Only launched in spring 2022 , it ’ s already in dire need of some serious amends and enhancements , especially regarding its approach to the energy mix , according to TPGen24 ' s Founder and Inventor Stuart Murray .

WHERE IS THE UK WITH RENEWABLES ? An average of only 40 % of the UK ’ s energy comes from renewables , putting us a long way off achieving our Net Zero 2050 targets , let alone meeting the surging societal demand for electricity .

Furthermore , none of the active sustainable resources within our current infrastructure are able to deliver 100 % clean base load .

WHAT ARE THE BIGGEST CHALLENGES ? Essentially , base load represents the minimum amount of electricity required to keep the lights on during peak demand .

However , the operational intermittency of the most prolific and popular renewables , wind and solar , due to their reliance on exact meteorological conditions , mean we are still reliant on fossil fuels to plug the generation gaps when the weather is not favourable . This represents a massive weakness , and , until it ’ s resolved , we will be at the mercy of gas , coal and expensive imports from pariah nations .

20 August 2022