Energy minister Charles Hendry has outlined some of the steps the government in taking to ensure householders in the UK are able to secure cheap energy in the coming years.
Speaking at the University of Edinburgh Business School, Mr Hendry observed there are several challenges facing the sector in the coming years, including declining domestic production of fossil fuels and the need to decarbonise the economy.
Therefore, he said it is vital that the UK becomes smarter about how it consumes energy in the medium term.
"The Green Deal this year will focus on improving our energy efficiency, both at home and at our work," Mr Hendry continued, adding it will also be important to improve the range of electricity sources the country exploits.
Other targets he set out include ensuring every UK home has a smart meter installed by 2020 and insulating solid walls in between 2.5 million and 5.2 million properties by 2030.
Recently, npower stated smart meters will offer several benefits, such as ending estimated bills and enabling improved energy products that better serve customers.
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