Decarbonising transport will be critical to achieving the UK’s net-zero targets, while the sector is expected to maintain standards of reliability and service in the face of rising energy and fuel costs.
The energy trilemma applies particular pressure to the transport sector. Transport is collectively responsible for around 27% of the UK’s total emissions, and there will be growing legislative pressure to decarbonise the sector. The growing risk of power disruption also poses a significant threat, with the potential to cause significant disruption that erodes relations with both consumer and business customers. With many transport providers making the shift away from fossil fuels to electric alternatives, the rising cost of energy threatens to undermine the economics of such a move even if it significantly improves energy sustainability.
The UK’s transport decarbonisation plan has a number of elements including an increase in EVs and rapid EV charging points and creating a net-zero rail network by 2050. There are also commitments to ban the sale of new diesel and petrol heavy goods vehicles (HGVs) and buses and for the government’s own fleet of cars and vans to transition to electric vehicles (EVs) by 2027 instead of 2030.