The UK’s energy projects are worth a total of £218 billion in the Treasury’s national infrastructure plan, amounting to over 58 per cent of the total budget. Yet Britain’s renewable energy investment boom has consistently been overlooked. With global energy demand on the rise and nations competing in the clean energy race to combat climate change, this report takes a look at government policy on energy, the UK’s energy mix, new energy technology, and explores new finance channels within the sector.
What connects the Continental Shelf, some 150km off the coast of Lincolnshire, with new apprenticeships in Fife or money being rung through shop tills in Hartlepool? The answer is gas; in particular, the Cygnus field, operated by GDF SUEZ E&P UK with partners Centrica Energy and Bayerngas UK