NEW REPORTS OUT NOW

Geopolitical and economic events in 2022 produced turmoil and uncertainty in the UK energy markets over the past year. These factors have revealed vulnerabilities in UK energy security, which has become a focus for the government – as demonstrated by the release of the British Energy Security Strategy.

The UK is highly dependent on natural gas, nuclear capacity is dwindling as reactors reach the end of their lifespan, and it has failed to install the renewable capacity required to prevent consumer bills skyrocketing. However, based on the data gathered by EIC teams, the UK has a strong project pipeline, both planned and under development, across multiple renewables and new technology sectors. The challenge is to ensure the barriers to growth and innovation are removed and measures are put in place to maximise investment in the wider UK energy market.

Discover the latest insights and expert analysis by reading the full report.

EIC wins King’s Award for International Trade

EIC has been awarded the UK’s most prestigious official recognition for business excellence, the King’s Award for Enterprise: International Trade.

Since its launch in 1965, the award has been given to businesses demonstrating outstanding achievement in international trade, innovation and sustainable development. One of 148 businesses to reach this milestone, EIC will receive the award during a ceremony later in the year.

EIC is thrilled to receive this award in the international trade category as it is a testament to the hard work and dedication of our members, partners and staff in promoting the UK’s energy industry abroad.

For more than 80 years, EIC has worked to support energy supply chain companies in their efforts to grow their businesses, diversify into new activities and export their products and services around the world.

Stuart Broadley, Chief Executive of EIC, explains, “Founded in 1943 by 13 British