Reform UK’s deputy leader, Richard Tice has formally warned major wind and solar developers that all Contracts for Difference (CfD) subsidies, including those from the upcoming AR7 allocation round, would be rescinded if Reform UK gained power or influenced a hung parliament. He described net zero commitments as excessively expensive and no longer enjoying cross‑party consensus.
Tice justified the move by framing net zero policies as lacking public mandate and driving up economic costs.
From Reform UK’s 2024 manifesto and public messaging:
- Opposition to all renewable energy subsidies, projected at some £10 billion annually.
- Support for fast‐tracking North Sea oil and gas licenses, including potential shale gas pilot sites.
- Promoting increased investment in nuclear power, clean synthetic fuels, and lithium mining.
- Commitment to ban battery storage systems (BESS) until safety is fully demonstrated, and to oppose solar farms on agricultural land.
Environmental analysts warned the plan would harm investor confidence and jeopardise the UK's clean power targets.
Reform UK Letter / Policy Stance
- CfD Subsidies (AR7): Intends to cancel contracts signed under AR7; cautioned developers of political risk
- Net Zero Commitment: Described it as economically intolerable; claimed public no longer supports it
- Broader Energy Policy: Scrap renewable subsidies; pivot to oil, gas, nuclear; block solar farms on farmland; ban BESS
- Criticism from Opposition: Labour and analysts warn of investment freeze, higher bills, job losses, and energy insecurity