What does the Boris Johnson Government mean for energy?
What does new UK government mean for energy policy?
KPMG assesses the implications of the new Government for UK energy policy.
- The big question in UK energy policy remains how to get to a Net Zero carbon economy by 2050;
- Government has issued a series of consultations on specific energy policy issues, including new funding models for nuclear and Carbon Capture Utilisation and Storage (CCUS), which they see as essential for meeting the Net Zero target;
- Brexit will dominate the work of the new Government, with little progress likely in the near term on any of the big outstanding energy policy issues;
- The new Secretary of State, the Rt Hon Andrea Leadsom MP, was previously Secretary of State for the Environment and a junior energy Minister. She knows energy brief and has publically committed to meeting Net Zero, suggesting broad continuity in the direction of energy policy;
- The planned Energy White Paper now likely to be delayed until later in the Autumn at the earliest
Download our report 'What does the Boris Johnson Government mean for energy?' for further insight on the implications of the new Government for UK energy policy.
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