Rewiring Britain for a Net-Zero future

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“Thirty years from 2050 and with COP26 this year, it is encouraging to see Government, industry, and, now, the energy regulator, standing united in driving efforts to decarbonise at pace and build on the UK’s leading position. The true test will be, however, in the delivery. We need a market that accelerates renewable energy deployment, gets spades in the ground on carbon capture and storage, and creates a financeable framework for energy networks to invest strategically and fully unlock the potential of low-carbon transport and heat.

This action plan is a positive start and Ofgem should now be empowered to do more by having net zero built into its core remit, so that its intentions aren’t limited by its statute. I look forward to Government providing this clarity in its forthcoming White Paper.”