Political instability has become the biggest obstacle to the UK’s energy transition, according to a new report from Aberdeen & Grampian Chamber of Commerce, alongside KPMG and ETZ.
Half of the companies (50%) surveyed for the latest Energy Transition report said that the current political and regulatory environment was now a barrier to diversification, up from 24% a year ago.
It follows a summer of chaos at Westminster, which saw four chancellors and three prime ministers oversee two major tax u-turns for the energy sector.
