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UK risks green leadership as energy firms consider moving investment abroad

The UK could lose billions in green energy investment without addressing bureaucratic and grid capacity issues, says report
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UK risks green leadership as energy firms consider moving investment abroadHornsea 2, the world’s largest offshore wind farm by capacity, located 89km off the UK’s east coast. Image: Ørsted

The UK is falling behind other countries in the international race to become the most investable market for low-carbon energy, according to 81 per cent of large UK energy companies polled in a new report published by the UK Sustainable Investment and Finance Association.

UKSIF’s Financing the Future: Energy report, which surveyed decision makers across the UK energy sector, revealed that 63 per cent of companies have already moved, or plan to move, investments out of the UK to a market more supportive of their sustainability goals. 

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Anita Hawser is the Europe editor at The Banker. For the past 20 years, Anita has worked as a freelance journalist for a range of banking, finance and tech titles covering topics such as cybersecurity, financial crime, cryptocurrencies, payments, trade and supply chain finance. Before joining The Banker, Anita was Europe editor at Global Finance.
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