In a cabinet reshuffle, the UK government today announced the creation of a new Department for Energy Security and Net Zero. Grant Shapps MP takes the helm as Secretary of State for this sector.
The department has been tasked with securing the UK’s long-term energy supply, bringing down bills and halving inflation. The move recognises the significant impact rising prices has had on households across the country as a result of Russia’s war in Ukraine, and the need to secure more energy from domestic nuclear and renewable sources as we seize the opportunities of net zero.
Peter Davidson, executive director of the Tank Storage Association comments: ‘The tank storage industry is an essential part of the UK’s energy infrastructure, providing resilient, innovative and flexible solutions to the energy, industrial, transport and defence sectors. The industry has a key role to play in the energy transition and in creating the necessary infrastructure flexibility to manage change in support of the UK’s net-zero goals. Terminals are also an essential part of global infrastructure networks, ensuring that bulk liquids, from transport and heating fuels, chemicals, animal feed and foodstuffs, are supplied when they are needed in the quantities required. We look forward to working in partnership with the new Department for Energy Security and Net Zero and the Department for Business and Trade as we look to the future and opportunities ahead for our sector.’
