The UK is set to propel its transition to a more sustainable and secure energy environment following the introduction of its landmark Energy Security Bill today (6th July).
To be announced as part of the Queen’s Speech, the Bill is considered to be the most ambitious package of energy measures to go before parliament in a decade.
Containing 26 measures based around the deployment of low carbon technologies such as carbon capture, usage, and storage (CCUS), and hydrogen, in addition to suggesting measures to mitigate rising energy costs, the Bill will be introduced by Business and Energy Secretary Kwasi Kwarteng.
As energy costs continue to rise amidst record inflation and the ongoing Russia-Ukraine crisis, the Bill aims to boost long-term energy independence and security.
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