Government’s energy announcements do not go far enough to secure sufficient investment in renewables

“These announcements do not go far enough to attract the investment we need in the renewable energy sector - we need much bolder action to secure Britain’s clean energy future. Global competition for investment in renewable energy projects is fiercer than ever, and the UK risks falling behind and surrendering our global lead. 

“The Government has highlighted some important steps forward in existing policies and schemes, but we need much more than a “business as usual” approach to kickstart investment on the level we need to boost energy security, cut consumer bills and reach net zero. Without that, we won’t land the UK-wide economic benefits of building up new clean energy supply chains, as they will go elsewhere where the investment environment is more conducive and attractive”.