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Don’t be fooled – the government is more interested in profit than energy security

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Friday 04 August 2023 21:53 BST
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Energy strategy is a long-term process
Energy strategy is a long-term process (PA)

It is lazy politics for the government to award more oil and gas licenses claiming energy security necessity at this time. Over and over again the government of the day for the last 15 to 20 years have not dealt with that very issue.

Having sold off all [energy] generation, [except] our nuclear power fleet, they each and every one watched that fleet age and close without replacement, meaning an erosion of generation under direct national control. And since we had sold almost all of our other generation plant to foreign investors, their primary concern was profit and returns to shareholders, not UK energy security.

Sure, there were moves towards wind, biomass and other renewables, but approaches were sporadic at best. Policy was inconsistent, and there doesn’t appear to have been a determination to stick to a strategy common to all in regard to energy in the UK and who controlled it.

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