A succession of shocks, from geopolitical instability to the breakdown of global supply chains, highlight the fragility of economic security and growth for countries heavily dependent on energy imports.
It shows how essential energy security is for resilience in our critical infrastructure and services. And to provide the foundation for growth in industries such as AI, advanced manufacturing and clean energies.
Yet since 2020 UK industrial electricity prices have been the most expensive in the G7. Our report shows how closing that price gap could unlock up to £250bn of additional economic output over the next decade.
That demands a practical and deliverable national energy plan which brings together supply, demand and the infrastructure needed, as well as the workforce and supply chain required to deliver at pace.
Explore our full report and the five imperatives for government, business and investors that are critical to powering the UK’s economic objectives.
Vicky Parker
Energy, Utilities and Resources Industry Leader, PwC United Kingdom
Tel: +44 (0)7483 336390
Energy, Utilities, Resources and Infrastructure Deals Leader, PwC United Kingdom
Tel: +44 (0)7866 727124