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Uk Energy Policy

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UK to Approve Jackdaw Gas Field, Igniting Climate and Political Row

UK to Approve Jackdaw Gas Field, Igniting Climate and Political Row

The UK government is set to approve the Jackdaw gas field on Wednesday, a move that boosts Shell and Equinor but risks alienating Labour’s green base and climate campaigners. Energy Secretary Miatta Fahnbulleh and Chancellor John Healey will announce the decision in Aberdeen, arguing it does not violate Labour’s pledge against new North Sea licenses. Critics warn the field offers minimal long-term energy security while undermining climate credibility, with the more contentious Rosebank oil field decision pending later this year.

UK Secures 8.4 GW Offshore Wind to Power 12 Million Homes
energy9 months ago

UK Secures 8.4 GW Offshore Wind to Power 12 Million Homes

Britain's government awarded guaranteed electricity prices in an offshore wind auction, approving 8.4 GW of capacity that could power about 12 million homes. The average strike price was around £91/MWh (2024 prices), potentially unlocking about £22 billion in private investment and marking a revival of offshore wind with developers including RWE–KKR–Masdar and SSE. The move supports a 2030 target for 95% clean electricity, though some analysts warn the deals may still keep consumer bills high.