The newly formed Department for Business, Energy and Industrial Strategy (BEIS) could see energy policy relegated to a ‘steady as she goes’ approach while other policy areas take precedence, according to a government MP in the energy and climate change (ECC) select committee.
The UK will miss its legally binding targets for renewable energy according to the National Grid, which has claimed the progress required to meet the EU-set goals is beyond what can be achieved.
The decision taken by just over half of the voting electorate to leave the European Union has sent shockwaves throughout the UK, among both the Leave and Remain camps. The dust will take a while to settle but reactions are likely to be flying in for some time on a day that has rocked the UK political and economic landscape.
Concerns over the future of UK energy policy have quickly emerged as a direct result of last week’s vote to leave the European Union, with trade organisations and independent commentators calling on government to show it remains committed to the low carbon agenda.