REA expresses support for new govt, asks Labour to be bold

REA, the Association for Renewable Energy and Clean Technology, today congratulated the Labour Party for its success in the UK general election and encouraged it “to be bold” when it comes to the opportunities afforded by the energy transition.

As previously reported, the Keir Starmer-led party declared victory in the election after securing a huge parliamentary majority and put an end to 14 years of Conservative rule. Labour’s election manifesto included a number of commitments to a variety of clean energies, including wind and solar.

In a statement, the REA said it is ready to support the new government in overcoming the policy blockages that are obstructing the UK from meeting its net-zero targets.

“We would encourage Sir Keir and his team to galvanise a sector that can boost the UK economy and achieve his target of the highest growth in the G7. Recent research suggests that the previous Governments’ cuts in renewables and clean technology investment over the last decade has added GBP 22 billion [USD 28.1bn/EUR 26bn] to UK energy bills. Investing in our sector can mitigate against rising energy costs, improve energy security, create jobs and growth, improve international competitiveness and help address climate change,” said Trevor Hutchings, CEO of the REA.

(GBP 1.0 = USD 1.278/EUR 1.180)

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