The current challenge - UK is coming out of the socio-economic impacts of BREXIT, COVID and the recent Ukraine crisis 

  • World (and UK) emerging out of the pandemic – Rising prices outpaces invasion of Ukraine as the primary worry
  • Household spending on discretionary items has seen a significant cut as has savings
  • Consumer Sentiment and Confidence remains low
  • Energy policies are being rolled out to limit the impact of energy price however there is still uncertainty
  • Inflation likely to peak by end of the year
  • Natural gas prices are at an all time high
  • The current scenario in UK remains worrying, however a very early hint of stability is being observed by some
  • Considering the Net Zero targets are continuing to be below the mark, it is difficult for the government to consider withdrawing or stopping funds for programmes falling under the scheme

The future of energy transition 

Power network value chain of the future 

Gas network value chain of the future