Energy Country Review: Complimentary 7-day trial

  • News-alert sign up
  • Contact us

RenewableUK highlights measures to accelerate transition to clean power

02/08/2023

Commenting on today’s energy security summit convened by the Secretary of State for Energy Security and Net Zero Grant Shapps in Downing Street, our representative at the meeting RenewableUK's Executive Director of Policy Ana Musat said: 

"At a time when energy security, affordability and decarbonisation remain high on everyone’s agenda, the renewable energy sector welcomed the opportunity to meet with the Secretary of State to discuss the opportunities and challenges we face. There was widespread agreement of the need to improve the UK’s investment environment, as we’re facing very challenging economic conditions and strong international competition for supply chain, skills and investment. We are all aware that prioritising the roll-out of cheap, homegrown renewable energy projects is essential to strengthen Britain's energy security. Wind and solar generate power cheaper than any other new energy source, so the Government can improve investor confidence in this space by ensuring that the Contracts for Difference framework takes account of the economic pressures faced by the sector.    

“In addition, we highlighted the need to ensure a consistent pipeline of renewable energy projects so that we can maximise the opportunities of supply chain investment in areas where the UK has a competitive advantage, such as floating wind, cables and blades.

This will enable us to create more high quality well paid jobs, especially in coastal communities outside London and the south east - offshore wind alone is set to employ over 100,000 people by 2030. Every opinion poll shows strong public support for moving faster on renewables, so it’s essential that the Government’s energy security strategy is centred on developing this sector". 

KeyFacts Energy Industry Directory: RenewableUK  

Tags:
< Previous Next >