UK Energy Companies Terrified of Reform’s Threat to Cancel Green Subsidies
4 hours ago Eric Worrall
Essay by Eric Worrall
The possibility climate skeptic Nigel Farage could become Prime Minister is sending shockwaves through the British green energy community.
Reform’s anti-renewables stance ‘putting jobs and energy bills at risk’
Industry says party’s threat to strip wind and solar subsidies if it enters power undermines national interest
Jillian Ambrose and Matthew WeaverThu 17 Jul 2025 19.22 AEST
Britain’s green energy industry has accused the Reform UK party of undermining the national interest by threatening to strip public subsidies for wind and solar projects if it comes to power.
…
Richard Tice, the deputy leader of the party founded by Nigel Farage, added that developers seeking a subsidy contract in the upcoming auction would “do so at your own risk” because the party would “seek to strike down all contracts” if it gained power.
“The political consensus that has sheltered your industry for nearly two decades is fracturing,” Tice said.
…
James Alexander, the chief executive of the UK Sustainable Investment and Finance Association, said: “This letter risks putting politics before prosperity by issuing threats to developers in one of the UK’s fastest-growing industries.
“Investors wholeheartedly recognise these long-term investment opportunities. It is a great shame that some politicians would rather attack the sector instead of seizing the huge potential that it offers.”
…
She [Jess Ralston] added that “ ripping up long-term policies and changing agreed contracts is likely to destroy the UK’s credibility as a solid place to invest” in clean energy, which would make the UK more exposed to spikes in imported gas prices.
…
Read more:
https://www.theguardian.com/business/2025/jul/17/reforms-anti-renewables-stance-putting-jobs-and-energy-bills-at-riskhttps://wattsupwiththat.com/2025/07/20/uk-energy-companies-terrified-of-reforms-threat-to-cancel-green-subsidies/