Prime Minister Boris Johnson ramped up plans to build new nuclear power stations and offshore wind farms as he seeks to shore up the U.K.’s energy supplies in the wake of Russia’s invasion of Ukraine. The premier’s energy security strategy, announced on Thursday, targets a tripling of installed nuclear power capacity by 2050 and accelerates plans to install offshore wind farms this decade. The document also includes more ambitious targets on hydrogen, solar power and measures to spur North Sea oil and gas projects. The strategy aims to eliminate British reliance on Russian hydrocarbons and push the country toward energy self-sufficiency, easing prices in the long-run. It comes just days after Britons were hit by a 54% rise in a price cap on energy bills, driven by a surge in wholesale gas prices exacerbated by the war in Ukraine. “This […]