An Industry response to the Queens Speech

An Industry response to the Queens Speech

The Government set out its agenda in legislation earlier this week as part of The Queen’s speech. In this article we look to consider how our industry feels about these suggested changes.

The speech gave a hint of new legislation that will bring forward reforms for the environment. But what does this mean to those in charge?

 

Many feel that it is a wonderful change to see green jobs at the heart of this agenda. A press release from RenewablesUK’s Head Of Public Affairs Nathan Bennet made a variety of comments on the situation, including; 

 

“It’s great to see the Government putting job creation and in particular the development of new skills and training at the heart of their policy agenda, as part of the green economic recovery after the pandemic. The number of people working in the UK’s offshore wind is set to increase from 26,000 currently to over 69,000 over the next five years. We’re already working closely with Ministers to ensure the right programmes are in place to maximise employment opportunities – particularly in parts of the country which need levelling up, such as coastal communities, the north, Scotland and Wales,

 

Ministers are right to highlight the massive opportunity which the UK has to demonstrate global leadership on tackling climate change at the COP26 summit in Glasgow in November. To achieve this, we need to continue to flesh out the pathway to net zero emissions across all Government departments. RenewableUK has already outlined new targets which we believe Ministers should adopt in floating wind, green hydrogen, onshore wind and marine energy. These will ensure that we maximise the economic benefits offered by renewable energy development, particularly in areas of the country where the Government is seeking to create fresh opportunities.”

 

In regards to OfGem’s Net Zero Mandate, the Queen stated “To this end, Ofgem must now have a net zero mandate at its heart to attract long-term investment, support jobs and green growth across the country while delivering the low cost, low carbon energy system the public need.”

 

While OfGem has not responded to this directly, it is clear that these ideas are directly in line with what OfGem wishes to achieve over the next few years, and this opens up greater opportunity to achieve this.

 

Commenting on today’s Queen’s Speech, Energy UK interim chief executive, Audrey Gallacher said:

“We welcome further commitment from the Government today in the Queen’s Speech to delivering net-zero, as well as steps to protect and enhance environmental protections including action on air quality, and we look forward to working in partnership with the Government to go further and faster to decarbonise our economy,

 

“It is critical we take action now and avoid further delay so we urge the Government to bring forward the energy White Paper as soon as possible to set out the clear policy framework that will allow the necessary investment and innovation to follow. This, along with a consistent and concerted effort across all Government departments, will allow us to go further and faster in decarbonising our economy,

 

“The energy industry looks forward to working in partnership with Government, and other sectors and stakeholders, to deliver our shared ambition of delivering a net-zero economy but we must start urgently. There is no time to waste.”