The UK government has announced that the UK will host a new global energy security conference next year, “which will bring together countries from around the world to strengthen critical energy supplies and make the system more resilient to shocks” .
UK Energy Security Secretary Grant Shapps will invite senior government ministers and industry chiefs to the Energy Security Conference in London on the second anniversary of Russia’s invasion of Ukraine, the government said in a statement to means
The war in Ukraine and other historic shocks such as the oil crisis of the 1970s show how interconnected global energy security and critical supply chains are, with impacts hurting consumers around the world, the government said. To prevent this from happening again, the UK is calling the new conference to improve international cooperation and build global resilience to these shocks, he added.
The conference will focus on building resilience, accelerating the deployment of clean and resilient energy infrastructure, advancing technology and innovation, international cooperation and delivering cheaper and more secure energy, according to the government, which noted that the Energy Conference of London follows an important program. of international commitment of the Secretary of Energy Security.
In recent months, Shapps has agreed to greater collaboration on visits to the United States, Japan, South Korea, India, France and the North Sea Summit in Belgium, the government said, adding that these they have also been holding key conversations with world leaders. including the COP27 negotiations in Sharm el-Sheikh, the G7 Energy and Climate Ministers meeting in Sapporo, the G20 energy talks in Goa and the UK’s recent leadership in ‘to host the Ukraine Recovery Conference in London.
“As history has shown, even more recently with Russia’s invasion of Ukraine, global energy security and supply are interconnected. Shockwaves travel quickly around the world, hurting consumers and businesses and driving up global prices Energy Security Secretary Grant Shapps said.
“We acted quickly to protect the British public, providing unprecedented support to energy bills, cutting all Russian gas supplies and setting out our plan to boost homegrown energy production to power Britain,” he said. .
“But energy security does not stop at our borders: our historic London Energy Security Conference will bring together international governments and industry leaders to help reconnect the global energy system and build collective resilience,” he stressed Shapps.
Next year’s London Energy Security Conference will build on the UK’s existing work to increase national energy security, with the UK’s decarbonisation leadership to reach Net Zero by diversifying its energy mix also contributing benefits for global energy security, the government declared.
The government said it has set out plans to power Britain, increasing the deployment of cheap renewable energy and boosting our nuclear power supply, while maximizing North Sea output.
To date, the UK has worked together with allies in Europe, the G7 countries and around the world to accelerate the global transition to clean and reliable energy sources and energy efficiency, both to improve energy security and tackle climate change, the government said.
To contact the author, please email andreson.n.paul@gmail.com