Regen responds to energy measures announced in the Chancellor’s Growth Plan
Responding to the Chancellor’s Growth Plan announced today (23 Sept), Merlin Hyman, Chief Executive at Regen, commented:
The focus of today’s mini-budget on tackling energy prices through both temporary support to households and businesses and longer-term intervention to unlock the benefits of low cost renewables energy is welcome.
It is particularly positive that the government has confirmed changes to the planning rules for onshore wind in England, which have effectively stalled deployment of the cheapest form of power generation since 2017. This is a crucial milestone towards cheaper bills and greater energy security and we hope it will be implemented as a priority.
The move to expand funding for energy efficiency shows that this government recognises this is another key measure to bring down energy bills. However, there is still insufficient focus on reducing demand and ensuring the scale of additional funding matches what is needed to insulate homes across the country, targeting those who need it most.
Alongside these measures, there are vital reforms that must be implemented to unleash the potential of a cleaner, cheaper energy system. This includes moving forward with the Energy Security Bill, progressing electricity market reform, and ensuring our energy networks are prepared for the increase in the new clean energy projects that are crucial for the UK’s strategic energy security goals.
For more information: Estelle Limon, Policy and Impact Coordinator, email@example.com