UK FOCUS
The UK is a major player in the global energy transition market, with the latest official UK government figures showing that the country is producing more electricity from renewable sources than ever before.
The findings from our Global Energy Transition Outlook 2025, where over a third of respondents came from UK businesses, suggest an inflection point for energy transition in the UK. The market is adapting to a change in government and a new administration which has pledged to make the country a ‘clean energy superpower’, quadrupling offshore wind capacity, tripling solar power capacity and doubling onshore wind capacity to meet its target of cutting emissions from electricity generation to net zero by 2030.
In a statement of intent, and within weeks of getting into power, the new Labour government had already announced changes to the planning system to make it easier to build onshore wind projects in England, raised potential financial support for new renewable power projects to a record £1.56bn and announced the creation of a state-owned company, Great British Energy, to invest in renewable projects.
We take a closer look at the views of the nation’s energy suppliers and investors, as well as – for the first time – the UK’s commercial consumers of energy.
This broadened perspective offers a more comprehensive view of the energy landscape in the UK by also examining the challenges and opportunities facing these users of energy, including intensive industrial and technology energy users as well as the retailers, transport businesses and the commercial/residential property sector.
While UK energy transition still faces many hurdles, a favourable and supportive political landscape, improving financing conditions, continued improvements in renewables technology and the game-changing possibilities of AI are all combining to make the year ahead an exciting and dramatic time for the energy sector.
UK key findings
Our survey of over 500 respondents revealed five key findings:
Faith in the new government to drive energy transition
57% of the industry is putting its faith in the new government to drive energy transition but in turn is expecting legislative and financial support.
Previously tough financing conditions for energy projects have eased
Leaving the market optimistic with 59% reporting better financing conditions.
UK M&A activity is set to rise
47% of suppliers and investors expect to see a substantial increase in transactions following subdued activity in recent years.
Renewed enthusiasm for energy efficiency
54% of commercial energy users are now focused on energy efficiency and energy saving methods.
The UK lags in AI adoption but is gearing up for tech-led success
46% of suppliers and investors considering AI investments.
Share on social:
