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UK Accelerates £300M Offshore Wind Investment at Global Energy Summit

Prime Minister Keir Starmer emphasizes energy security and economic growth through clean power while addressing 60 nations in London.

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image: ©Tom Buysse | iStock
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Overview

  • The UK government has fast-tracked £300 million in funding for offshore wind supply chains via Great British Energy to boost domestic manufacturing and job creation.
  • Prime Minister Keir Starmer reiterated the commitment to achieving clean power by 2030, framing renewable energy as critical for national security and economic stability.
  • The two-day energy security summit in London, co-hosted by the UK and the International Energy Agency, has gathered ministers from 60 countries and global business leaders.
  • Energy Secretary Ed Miliband highlighted the role of low-carbon energy in reducing vulnerability to global energy shocks and mitigating reliance on fossil fuels.
  • The US delegation criticized clean energy policies, while Starmer and European leaders reaffirmed their commitment to accelerating the transition to renewables.