The Renewable and Low Carbon Energy website

for farmers and landowners

Clean energy to be at the “heart of government’s agenda” says new Energy Secretary

Case Studies

The new Secretary of State for Energy Security and Net Zero Mr Ed Miliband has stated that his department and the nation’s transition from fossil fuels to clean energy will be “at the heart of the new government’s agenda”, following his recent appointment by Prime Minister Sir Keir Starmer.

In his message Mr Miliband, who previously served as Secretary of State for Energy and Climate Change from 2008 to 2010, underlined Labour’s intention to make Britain a clean energy superpower with zero carbon electricity by 2030, and accelerate our journey to net zero.

He also highlighted the high energy bills facing families and businesses, stating that “the only way to guarantee our energy security and cut bills permanently is to speed up the transition away from fossil fuels and towards homegrown clean energy”.

Pointing to the urgent need to make the UK energy independent, bring down energy bills for good, create good jobs, and tackle the climate crisis, the Energy Secretary listed his priorities as:

  • Delivering our mission to boost energy independence and cutting bills through clean power by 2030.
  • Taking back control of our energy with Great British Energy
  • Upgrading Britain’s homes and cutting fuel poverty through our Warm Homes Plan
    standing up for consumers by reforming our energy system.
  • Creating good jobs in Britain’s industrial heartlands, including a just transition for the industries based in the North Sea.
  • Leading on international climate action, based on our domestic achievements.

Meanwhile, following her announcement to remove the effective ban on new onshore wind projects in England, the Chancellor Rachel Reeves has shared plans to launch a £7.3bn national wealth fund, as part of a drive by the newly elected Labour government to attract billions of pounds of private sector cash for big infrastructure projects across the UK.

In a further boost to the clean energy sector the fund, due to be established in less than a week, is being launched to support gigafactories, ports, EVs, carbon capture and green hydrogen. Ms Reeves said it would operate as a “concierge service for investors and businesses that want to invest in Britain, so they know where to go”, with an aim to attract £3 of private investment for every £1 from tax payers.

Labour has reportedly been creating the fund for a number of months, having established a taskforce in March to explore how it would be delivered, chaired by Dr Rhian-Mari Thomas OBE, the CEO of the Green Finance Institute, and featuring financial heavyweights such as the former Bank of England governor Mark Carne, Aviva’s chief executive, Amanda Blanc; NatWest’s chief executive, Paul Thwaite, and Barclays chief executive, CS Venkatakrishnan.

Related

Advice & Opportunities