Race for Energy Independence on in the United Kingdom

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Race for Energy Independence on in the United Kingdom
13 Mar 2022
6 min read

News Synopsis

Russian Invasion of Ukraine has forced the leaders of Europe to focus on Energy Independence. The European Leaders are focusing on stopping importing energy from foreign nations. One backbench Tory MP said:  "every missile dropped on Ukraine has been financed by the West buying Russian gas". The challenges for European leaders currently are to make sure they have enough energy to heat homes, fuel their vehicles, and to make sure they come at an affordable price. The prime minister of the United Kingdom and business secretary are expected to set out their "energy supply strategy". The energy supply strategy aims to focus on four areas. These areas are nuclear energy, renewable energy, making homes more energy-efficient, and increasing North Sea oil and gas production. The countries aim to increase their production of oil and gas while they also simultaneously shift to renewable energy. A source said: “Cheaper energy from the sun, wind, and nuclear was the only real long-term answer to the cost of living crisis and they can't bung people subsidies forever because prices are high".