{"id":390152,"date":"2025-07-22T14:12:24","date_gmt":"2025-07-22T12:12:24","guid":{"rendered":"https:\/\/climatescience.press\/?p=390152"},"modified":"2025-07-22T14:12:25","modified_gmt":"2025-07-22T12:12:25","slug":"uk-energy-companies-terrified-of-reforms-threat-to-cancel-green-subsidies","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=390152","title":{"rendered":"UK Energy Companies Terrified of Reform\u2019s Threat to Cancel Green Subsidies"},"content":{"rendered":"\n
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From Watts Up With That?<\/a><\/p>\n\n\n\n

Essay by<\/strong> Eric Worrall<\/a><\/p>\n\n\n\n

The possibility climate skeptic Nigel Farage could become Prime Minister is sending shockwaves through the British green energy community.<\/p>\n\n\n\n

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Reform\u2019s anti-renewables stance \u2018putting jobs and energy bills at risk\u2019<\/strong><\/p>\n\n\n\n

Industry says party\u2019s threat to strip wind and solar subsidies if it enters power undermines national interest<\/p>\n\n\n\n

Jillian Ambrose<\/a> and Matthew Weaver<\/a>Thu 17 Jul 2025 19.22 AEST<\/p>\n\n\n\n

Britain\u2019s green energy industry has accused the Reform UK<\/a> party of undermining the national interest by threatening to strip public subsidies for wind and solar projects if it comes to power.<\/p>\n<\/blockquote>\n\n\n\n

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\u2026<\/p>\n\n\n\n

Richard Tice, the deputy leader of the party<\/a> founded by Nigel Farage, added that developers seeking a subsidy contract in the upcoming auction would \u201cdo so at your own risk\u201d because the party would \u201cseek to strike down all contracts\u201d if it gained power.<\/strong><\/p>\n\n\n\n

\u201cThe political consensus<\/a> that has sheltered your industry for nearly two decades is fracturing,\u201d Tice said.<\/p>\n\n\n\n

\u2026<\/p>\n\n\n\n

James Alexander, the chief executive of the UK Sustainable Investment and Finance Association, said: \u201cThis letter risks putting politics before prosperity by issuing threats to developers in one of the UK\u2019s fastest-growing industries.<\/p>\n\n\n\n

\u201cInvestors wholeheartedly recognise these long-term investment opportunities. It is a great shame that some politicians would rather attack the sector instead of seizing the huge potential that it offers.\u201d<\/p>\n\n\n\n

\u2026<\/p>\n\n\n\n

She [Jess Ralston] added that \u201c ripping up long-term policies and changing agreed contracts is likely to destroy the UK\u2019s credibility as a solid place to invest\u201d in clean energy<\/strong>, which would make the UK more exposed to spikes in imported gas prices.<\/p>\n\n\n\n

\u2026Read more:\u00a0<\/p>\n\n\n\n

https:\/\/www.theguardian.com\/business\/2025\/jul\/17\/reforms-anti-renewables-stance-putting-jobs-and-energy-bills-at-risk<\/a><\/p>\n<\/blockquote>\n\n\n\n

Green investors running for the hills at the slightest hint of subsidy cancellation exposes the falsehood that renewables are competitive and affordable.<\/p>\n\n\n\n

Of course, we already knew that \u2013 even Mad Miliband is throwing in the towel on a pure renewable Net Zero, at least until the magic happens.<\/p>\n\n\n\n

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Ed Miliband to unleash new gas plants to back up patchy wind and\u00a0solar<\/a><\/blockquote>