BRE responds to the UK government’s Energy Security Strategy

Gillian Charlesworth, CEO at BRE responded to the UK Government’s Energy Strategy: “Today’s Energy Security Strategy was a supply-side strategy whereas we are facing an urgent demand-side problem. Whilst we welcome measures to bolster the long-term security of the UK’s energy supply, the plans outlined today do not represent a whole-hearted commitment to transitioning as quickly as possible to renewable energy and will do little to address two of the biggest challenges we currently face: tackling rising energy costs and improving the energy efficiency of our homes and buildings.”

“The UK has one of the oldest and least energy efficient building stocks in Europe, which unnecessarily inflates demand for natural gas. Accelerating the roll out of retrofit measures like insulation is a short-term solution that could address spiralling bills and significantly improve the energy efficiency of our housing stock, but it is disappointing to see that this has not been covered within today’s Strategy.”

“The need to accelerate the roll out and investment into insulation extends beyond housing. With nearly a fifth of all gas being consumed by the non-domestic sector, a lack of any retrofit strategy will result in higher costs for our businesses and public infrastructure – including schools and hospitals. This will ultimately be felt by households, who will have to bear the brunt of higher prices.”

“Aside from keeping consumers’ energy bills down and reducing their carbon footprint, retrofitting homes is a fast and cost-effective strategy to reduce demand for natural gas and will help to support the UK’s energy security. Recent announcements such as the abolition of VAT on some energy saving materials are a welcome start. However, without a clear plan and funding to upgrade the UK’s building stock, our energy security strategy cannot be driven forward effectively – and we will quickly lose momentum on the drive to net zero.”