If the UK is to realise its commitment to achieving net zero by 2050, we need to significantly increase investment across the whole of the UK energy system by up to £50 billion per year by 2030 as part of the energy transition.

TEEC supports the transition to net zero by investing holistically across the energy sector focusing on three thematic areas:

1. Generation of energy – ensuring less energy loss by investing in lower carbon energy generation closer to where it is consumed.

2. Storage and distribution of energy – stabilising the grid and managing the imbalance of generation and consumption by funding energy storage solutions.

3. Reducing demand for energy – maximising energy efficiency by providing the same output in a more efficient way either through energy efficiency measures or producing energy onsite.

By investing across these three areas TEEC is accelerating the transition towards a lower carbon, more resilient and efficient energy system.