United Kingdom: Keir Starmer promises a green revolution, but at what price?

Labour promises to transform the UK into a leader in renewable energy, while facing criticism over the economic and social impacts of this transition.

Share:

Transition verte Royaume-Uni

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The Labour Party, under the leadership of Keir Starmer, is committed to making the UK a green energy superpower. However, this ambition is causing concern among workers in the traditional energy sector, particularly in areas like Aberdeen, where the hydrocarbon industry is a major component of the local economy.

Energy transition and climate objectives

Labour plans to halt the granting of new oil and gas permits and to increase the windfall profits tax on fossil fuel producers. These measures aim to accelerate the transition to a low-carbon economy and achieve carbon neutrality by 2050. At the same time, the party promises to create 650,000 green jobs by 2030 through an £8.3 billion public investment fund, dubbed “Great British Energy”, headquartered in Scotland. Critics, notably from industry and opposition parties, estimate that these measures could threaten up to 100,000 jobs. Francesco Mazzafatti, President of Viaro Energy, warns that these changes could have dramatic consequences for North Sea workers.

Economic and social impact

The people of Aberdeen, who are heavily dependent on the oil and gas industry, are worried about the future of their jobs. Figures such as Stephen Flynn of the SNP and Chris Murray, a local unemployed man, stress the need to invest more in training for renewable energies to facilitate this transition. Labour’s proposals, while ambitious, are seen by some as insufficiently funded. Initially planned at £28 billion a year, the investment plan has been reduced to £23.7 billion over five years, raising questions about the feasibility of the targets set.

Perspectives and reflections

Despite the challenges, the goal of transforming the UK into a green energy superpower represents an unprecedented opportunity for the country. Creating jobs in the renewable energies sector and improving energy independence could not only help combat climate change, but also boost the national economy.
However, to make this transition a success, it will be crucial to support the workers and regions most affected by the decarbonization of the economy. Investment in training and education will be key to ensuring that no one is left behind in this process.

India is implementing new reforms to effectively integrate renewable energy into the national grid, with a focus on storage projects and improved contracting.
China added a record 264 GW of wind and solar capacity in the first half of 2025, but the introduction of a new competitive pricing mechanism for future projects may put pressure on prices and affect developer profitability.
The government confirmed that the majority sale of Exaion by EDF to Mara will be subject to the foreign investment control procedure, with a response expected by the end of December.
A week before COP30, Brazil announces an unprecedented drop in greenhouse gas emissions, driven mainly by reduced deforestation, with uneven sectorial dynamics, amid controversial offshore oil exploration.
The Catabola electrification project, delivered by Mitrelli, marks the first connection to the national grid for several communities in Bié Province.
The Algerian government plans a full upgrade of the SCADA system, managed by Sonelgaz, to improve control and supervision of the national electricity grid starting in 2026.
Facing annual losses estimated at up to $66mn, SEEG is intensifying field inspections and preparing the rollout of smart meters to combat illegal connections.
The British government confirms its ambition to decarbonise the power sector by 2030, despite political criticism and concerns over consumer energy costs.
Enedis plans a €250mn ($264mn) investment to strengthen Marseille’s electricity grid by 2030, including the full removal of paper-insulated cables and support for the port’s electrification.
Energy ministers coordinate investment and traceability to curb China’s dominance in mineral refining and stabilize supply chains vital to electronics, defense, and energy under a common G7 framework.
Electricity demand, amplified by the rise of artificial intelligence, exceeds forecasts and makes the 2050 net-zero target unattainable, according to new projections by consulting firm Wood Mackenzie.
Norway's sovereign wealth fund generated a €88 billion profit in the third quarter, largely driven by equity market performances in commodities, telecommunications, and finance.
The German regulator is preparing a reform favourable to grid operators, aiming to adjust returns and efficiency rules from 2028 for gas pipelines and 2029 for electricity networks.
Bill Gates urges governments and investors to prioritise adaptation to warming effects, advocating for increased funding in health and development across vulnerable countries.
The Malaysian government plans to increase public investment in natural gas and solar energy to reduce coal dependency while ensuring energy cost stability for households and businesses.
The study by Özlem Onaran and Cem Oyvat highlights structural limits in public climate finance, underscoring the need for closer alignment with social and economic goals to strengthen the efficiency and resilience of public spending.
Oil major ExxonMobil is challenging two California laws requiring disclosure of greenhouse gas emissions and climate risks, arguing that the mandates violate freedom of speech.
The European Court of Human Rights ruled that Norway’s deferral of a climate impact assessment did not breach procedural safeguards under the Convention, upholding the country’s 2016 oil licensing decisions.
Singapore strengthens its energy strategy through public investments in nuclear, regional electricity interconnections and gas infrastructure to secure its long-term supply.
As oil production declines, Gabon is relying on regulatory reforms and large-scale investments to build a new growth framework focused on local transformation and industrialisation.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.