The UK Government has created a new Department for Energy Security and Net Zero, one of four new departments announced as part of a break-up of the Department Business, Energy and Industrial Strategy. The new department will be responsible for securing the UK’s long-term energy supply, bringing down bills and halving inflation. The move aims to “recognise the significant impact” of rising prices on UK households, and the need to secure more energy from domestic nuclear and renewable sources as well as bolstering energy security. The new department will be headed by Grant Shapps, who was previously Secretary of State for Transport. Eliette Riera, Head of UK Policy at the Principles for Responsible Investment, said: “The creation of the new UK government Department for Energy Security and Net Zero can be a positive step towards ensuring these important issues are dealt with holistically and with the appropriate level of focus. This requires foundational changes in public policy as a whole: net zero must be placed at the core of the UK government and reflected in all aspects of the new departments created today.”
🆕 With the approval of His Majesty The King, the Prime Minister has announced the creation of four new departments.
These departments will ensure the right skills and teams are delivering for the British people.
— UK Prime Minister (@10DowningStreet) February 7, 2023