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More than £100 billion in clean energy investment announcements has been secured since the government came to office, Energy Secretary Ed Miliband will confirm at London Climate Action Week, as he declares Britain is part of a global boom in clean energy that is creating jobs across the UK and boosting energy security.

It follows a recent announcement of up to £9 billion investment from Japan into the UK’s offshore wind industry, and Rolls-Royce SMR winning a multi-billion-pound Sweden nuclear export contract off the back of the UK’s pioneering SMR programme. Meanwhile today (Tuesday 23 June), National Grid confirmed £1.2 billion of contracts to upgrade 1,000km of transmission lines.

This year’s renewable auctions have unlocked the largest chunk of private investment this parliament, with £27 billion mobilised in clean energy investment. $2 trillion investment is expected globally in clean energy this year.

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[-] Zombie@feddit.uk 5 points 1 week ago

Does that mean we can move away from electricity being linked to the price of gas now then?...

this post was submitted on 25 Jun 2026
18 points (95.0% liked)

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