
What does Chancellor Rachel Reeves’s October 2024 budget announcement mean for the clean power mission? Following the first Labour budget announcement in 14 years, the #CleanEnergyPod sits down with colleagues in SSE to discuss how the budget announcement will impact the energy system. And whether we will be able to deliver a net zero energy system by the end of the decade.
Chapters:
00:00 Introduction
01:38 What are the highlights from Chancellor Rachel Reeves’ October budget announcement?
02:44 What energy-specific investments were mentioned in the Chancellor’s speech?
04:12 Will the October budget announcement give energy companies the confidence to invest in clean energy?
06:06 Why has the city had a positive reaction to the budget announcement?
07:21 What impact does a budget announcement have on government departments?
08:31 How will energy companies respond to the budget announcement?
10:05 Will the budget announcement help create good jobs?
11:37 Will the budget announcement help deliver the UK Government’s clean energy mission by 2030?
12:54 How does the debate around policy such as REMA impact energy sector investment?
14:54 Is the UK an attractive country to invest in clean energy?
16:12 Is the UK taking a big risk investing in nascent clean energy technologies?
Links:
Find out more about what SSE thinks about zonal pricing and the Review of Electricity Market Arrangements (REMA) on the SSE website: https://www.sse.com/news-and-views/2024/10/it-s-time-to-move-on-from-the-zonal-pricing-debate/
#CleanEnergy #CleanEnergyRevolution #NetZeroEnergy #Labour #LabourBudget
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