The Labour Party’s election victory has prompted calls for immediate action on energy and climate commitments from industry leaders.
Following the Labour Party‘s win in the general election, leaders in the energy sector have expressed their support and urged for prompt action on the party’s commitments to energy and net zero targets.
Mike Thornton, Chief Executive of Energy Saving Trust, emphasised the importance of the government’s ambition to leverage net zero opportunities.
Mike Thornton said: “The clear ambition of the incoming UK Government to capitalise on the opportunities of meeting net zero is an essential step change that now needs to be matched with delivery.
“We welcome the enabling policies designed to lower energy demand, scale up renewables and decarbonise the electricity grid. These are all crucial to strengthen the UK’s energy security and reduce carbon emissions.
“The next five years will be pivotal for cutting energy bills and decarbonising our homes, businesses and communities. Following a period of uncertainty, it’s more important than ever that ambition urgently turns into action.”
Trevor Hutchings, Chief Executive Officer of the REA (Association for Renewable Energy and Clean Technology), said: “We would encourage Sir Keir and his team to galvanise a sector that can boost the UK economy and achieve his target of the highest growth in the G7.
“Recent research suggests that the previous governments’ cuts in renewables and clean technology investment over the last decade has added £22 billion to UK energy bills.
“Investing in our sector can mitigate against rising energy costs, improve energy security, create jobs and growth, improve international competitiveness and help address climate change.”