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UK Will Spend Billions on Energy Efficiency to Cut Demand By 13%

Bloomberg · Alex Wickham · last updated

The UK government is set to spend billions of pounds to insulate homes and upgrade boilers in a drive to cut Britain’s overall energy demand by at least 13% this decade.

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Related Knowledge Center: Energy security and pricing

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The United States achieved net energy independence in 2020, but that has not insulated the nation from the roiling of energy markets in the wake of the Russian invasion of Ukraine. Europe has been a large consumer of Russian natural gas, and the effort to wean itself, with the help of the United States, has strained markets and endangered global efforts to address the climate crisis.

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