The UK government’s new energy pledge marks a major step towards a greener, more sustainable future, with significant implications for businesses. From enhanced renewable energy infrastructure to reduced energy bills, the pledge is set to create new opportunities while addressing key environmental and economic challenges.
Whether you’re a small enterprise or a large corporation, understanding these changes will help you make the most of opportunities and stay competitive in a rapidly evolving energy market.
The UK government has committed to increasing investment in renewable energy and achieving clean power by 2030. This plan aims to reduce reliance on expensive energy imports, which drive costs up in the UK.
Lower energy bills will benefit all businesses, especially those in energy-intensive sectors that have struggled with rising costs in recent years. The transition to clean energy also presents new opportunities for businesses.
The pledge includes plans to double onshore wind, triple solar power and quadruple offshore wind capacity by 2030. This ambitious plan focuses on boosting renewable energy and reducing reliance on fossil fuels.
It presents a significant opportunity for installers, manufacturers, and other businesses in renewable supply chains to support and benefit from this growing demand.
Energy efficiency is the quickest and most effective way to cut energy bills. The UK government’s Warm Homes Plan aims to upgrade five million homes with better insulation, solar panels, battery storage, and low-carbon heating. This will help households reduce costs and emissions.
This creates significant opportunities for businesses involved in retrofitting and energy efficiency measures, as well as their supply chains. Across the UK, millions of homes are set for upgrades, with four million in England alone.
As part of its Green Prosperity Plan, the UK government aims to create 650,000 high-quality green jobs by supporting the transition to a green economy. It's National Wealth Fund, with support from the UK Infrastructure Bank, will provide funding to help energy-intensive sectors decarbonise, with each pound of public investment expected to attract three pounds of private funding.
The British Jobs Bonus is a new initiative designed to reward clean energy developers who create high-quality jobs and strengthen manufacturing supply chains in industrial areas, coastal regions, and energy communities. From 2026, the UK government will allocate up to £500 million annually to support developers that prioritise fair terms and conditions for workers while contributing to local economic growth.
For businesses in the clean energy sector, this incentive offers a valuable opportunity to support growth and make a lasting impact on both the economy and the environment.
Zellar are a community of people who are passionate about supporting UK businesses becoming more sustainable.
Find out how Zellar can support your business
You can learn more about the government’s energy pledge and find examples on the Energy Saving Trust’s new government’s energy pledges page.