The special relationship goes green
Date published:
The UK and USA have announced a new partnership, with aims to tackle issues surrounding energy prices and security that are impacting consumers and businesses alike.
This partnership will see the USA more than double its gas supply to the UK compared to 2021 figures, with the intention of reducing market volatility and reducing energy costs.
As part of this partnership, the UK Government has said that this will come with a large political backing for energy that can help both countries achieve their ambitious Net Zero commitments.
We don’t have to tell anyone about how enormous the potential is for green and net-zero industries in the North East. The Global North East report we partnered with the North East LEP and Department for International Trade on in 2021 highlights this. The US is a good target market for offshore wind, on top of the many other opportunities the American market holds.
We hope that as this partnership develops, the Government will acknowledge the North East as a beacon of opportunity for green energy, and can be used to trade knowledge and expertise.