Overview
- The UK and International Energy Agency are hosting a summit in London with over 60 nations to redefine energy security for the 21st century.
- Prime Minister Keir Starmer announced £300 million in fast-tracked funding for offshore wind supply chains to boost domestic clean energy manufacturing.
- UK and European leaders emphasize renewables as a path to energy resilience, while US officials criticize anti-fossil fuel policies as harmful to global energy needs.
- OPEC supports incorporating renewables alongside fossil fuels, rejecting the notion of phasing out oil and gas entirely.
- The resulting energy security framework is expected to influence global policies and investments for decades, with significant geopolitical and economic implications.