Letter to Chancellor of the Exchequer on UK Geothermal potential
(2 July 2020)
A letter was sent to the Chancellor of the Exchequer Rishi Sunak, and the Secretary of State for BEIS, Alok Sharma, stating that whilst the DEI is encouraged by the announcements made by the Chancellor in his March budget regarding lower carbon initiatives, we are concerned that to date, no mention has been made of geothermal energy.
The letter was sent by Professor Jon Gluyas, Executive Director of the DEI and Helen Goodman, former MP for Bishop Auckland and member of the DEI Advisory Board.
The letter outlines the extensive heat resource available in the UK and the range of benefits it can bring. It also highlights the relevance of Geothermal energy to the COP26 agenda and how it could enable a ‘levelling’ in global geo-political dynamics which for so long have been dominated by the politics and economics of oil and gas.
Finally the leytter invites the Ministers to visit North East England which is leading the way, with several exciting local projects recently announced and more in the pipeline.