Energy Unplugged by Aurora EP.92 Kwasi Kwarteng, UK Secretary of State for Business, Energy and Industrial Strategy
This week on Energy Unplugged, we discuss energy security and the current energy crisis at just few hours since the UK Government has published its much anticipated energy security strategy. Our Managing Director for UK and Ireland, Dan Monzani, is delighted to welcome to the podcast the UK Secretary of State for Business, Energy and Industrial Strategy - Kwasi Kwarteng.
The British Energy Security Strategy comes at a very challenging time for the global energy policy and sets out how Great Britain will accelerate homegrown power for greater energy independence.
Main topics include:
• Security of gas supply and UK’s access to the physical supply of gas for the next winter
• The Government’s new commitments on hydrogen and its potential in decarbonisation
• The longer term announcements on electricity security including technology announcements such as an increased target of 50 GW of offshore wind by 2030
• Market reform options in the UK and the bigger market interventions suggested in Europe, such as the Spanish Government’s proposal to cap wholesale prices charged by gas generators