Plugged In: the energy news podcast SUMMER SPECIAL Episode 1: CEO of Energy UK
Jul 3, 2025
Dhara Vyas, CEO of Energy UK, sheds light on the UK's energy landscape one year after the new Labour government took office. She dives into the challenges of rising energy prices and the shift from offshore wind to a stronger focus on nuclear power. The conversation also highlights the importance of community engagement in renewable projects and the need for personalized strategies to ensure energy affordability. With an eye on the future, Vyas emphasizes the urgency for strategic planning as the country moves towards its 2025 energy goals.
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Episode notes
Industry Needs Ambition And Certainty
- The industry values ambition and certainty above all because frequent policy shifts hinder investment decisions.
- Energy UK praises government action on clean power and infrastructure but warns uncertainty persists.
Policy Changes Compound Investment Risk
- Multiple simultaneous changes to auction design and pricing compound investment risk for offshore wind developers.
- Uncertainty about REMA and auction parameters raises capital-cost and planning concerns.
Affordability And Retail Debt Are Systemic Risks
- Retail-side debt and customer affordability remain critical vulnerabilities for the energy sector.
- Energy supplier balance sheets and £400bn customer debt shape industry-wide risk and delivery capacity.