Press release

Energy security push to boost economic growth

바카라 사이트 to announce measures putting energy security at the heart of economic growth

This was published under the 2022 to 2024 Sunak Conservative government
  • Prime Minister and Energy Security Secretary to lead efforts this week to strengthen UK바카라 사이트™s energy independence
  • They will meet industry leaders from oil, gas and renewable sectors 바카라 사이트“ to drive forward measures that safeguard national energy security and reduce reliance on hostile states
  • Builds on years of critical support for North Sea oil and gas, the UK바카라 사이트™s world-leading track record on renewables and our international leadership against Putin바카라 사이트™s invasion of Ukraine

The 바카라 사이트 will this week set out how it바카라 사이트™s delivering on its energy security strategy plans to grow the economy and create jobs across the United Kingdom.

Prime Minister Rishi Sunak will set out how the UK바카라 사이트™s world-leading energy industry expertise will create jobs and grow the economy and ensure tyrants like Putin can never again use energy as a weapon to blackmail the UK.

As part of the 바카라 사이트바카라 사이트™s efforts to strengthen the UK바카라 사이트™s energy independence, he will announce investment plans to put powering up Britain from Britain first - making the most of our country바카라 사이트™s resources and reducing reliance on imported fossil fuels, by backing our oil and gas industry, investing in the latest clean technologies and isolating Putin바카라 사이트™s regime from global energy markets.

The Prime Minister and Energy Security Secretary Grant Shapps will meet energy industry leaders throughout the week - including oil and gas, renewables and nuclear businesses 바카라 사이트“ to ensure the UK is capitalising on opportunities to bolster our energy infrastructure now, and boosting our long-term energy independence, security and prosperity in the years to come.

The week will also include support for British innovation in new industries such as carbon capture and storage, and for cutting edge renewables across the country.

Energy Security Secretary Grant Shapps said:

Energy security is national security. Since Putin바카라 사이트™s illegal invasion of Ukraine the 바카라 사이트 has driven Russia from our energy market, paid around half of a typical family바카라 사이트™s energy bill and grown our economy by driving forward major energy projects.

This week we will go even further. Forging ahead with critical measures to power up Britain from Britain 바카라 사이트“ including supporting our invaluable oil and gas industry, making the most of our home-grown energy sources and backing British innovation in renewables.

And across 바카라 사이트 we will champion Britain바카라 사이트™s businesses to deliver on the Prime Minister바카라 사이트™s priority of growing the economy 바카라 사이트“ helping them to create new jobs and even whole new industries across the UK.

This week바카라 사이트™s announcements will build on the country바카라 사이트™s world-leading track record which includes:

  • Supporting North Sea oil and gas, which each year contributes £17billion to the UK economy
  • Investing billions of pounds in renewable energy 바카라 사이트“ leading to the UK having the world바카라 사이트™s four largest operational wind farms off its shores;
  • Cutting emissions by 48 per cent between 1990 and 2021, while growing the economy by 65 per cent over the same period;
  • Having 41.5 per cent of the UK바카라 사이트™s electricity come from renewable sources in 2022 바카라 사이트“ up from 6.7 per cent in 2010; and
  • Leading the world in the response to Putin바카라 사이트™s illegal invasion of Ukraine and driving Russia out of our energy market for good 바카라 사이트“ enabling the UK to go over a year without Russian oil or gas.

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Published 30 July 2023