UK closes last coal-fired power plant, boosting renewable energy prospects

The UK has closed its last coal-fired power plant, Ratcliffe-on-Soar, marking the end of a 140-year reliance on coal for electricity. This closure supports the country's goal of achieving net-zero emissions by 2050. The closure comes amid declining consumer confidence and a revised GDP growth of 0.5% for the second quarter. Energy prices have increased, with a new cap set at £1,717 per year, reflecting ongoing economic pressures. To support the transition to renewable energy, the UK has reactivated its Solar Energy Taskforce. This initiative aims to enhance solar energy capacity and innovation, aligning with the government's clean energy goals.