- The Tony Blair Institute for Global Change has urged Chancellor John Healey to pivot Britain’s energy strategy away from net zero targets to focus on delivering cheaper power.
- High reliance on natural gas alongside international conflicts has kept UK energy bills among the highest across Europe and the G7 group of countries.
- The think tank recommended replacing the Clean Power 2030 strategy with a new cheaper power mission that prioritises affordability, security, and electrification.
- Proposed short-term Budget measures include rewarding businesses that utilise wind power during off-peak times or in areas with lower grid demand.
- TBI director Tone Langengen stated that paying wind farms to limit output while businesses lack sufficient electricity shows the national energy system requires urgent reform.
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