Can Restore Britain Deliver Energy Abundance?
Why Restore Britain’s energy vision is long on rhetoric and short on serious policy
Restore Britain’s Energy Policy
Foreword and Philosophy
The foreword and philosophy of the policy paper were clearly written in Rupert Lowe’s style. It reads as overtly political in tone, particularly through its references to Ed Miliband and Net Zero (Foreword and introductory sections, pp. 1–5). While some degree of political framing is to be expected in a foreword, in my view, it comes across as more partisan than positive, and therefore less consistent with the more measured and ostensibly apolitical tone usually associated with well-constructed policy papers.
A useful way to frame policy papers is to present them as beyond conventional politics and focused on apolitical solutions to problems. A policy paper is not the place to argue against other policies. Rather, it should aim to demonstrate persuasively that the proposed policy is both workable and beneficial.
In the philosophy section, the argument for lower regulation is introduced; that is, large parts of the energy sector remain characterised by ineffective and excessive regulation (see “A Note On Planning: The Fourth Fundamental”, pp. 13–15; also “Nuclear”, pp. 24–31). This point feels somewhat underdeveloped and ideologically driven rather than evidence-based. More broadly, the tone of the piece comes across as distinctly Thatcherite and somewhat dated in its framing of economic and regulatory issues.
Remit
The general remit of this paper is quite broad. It focuses on repealing Net Zero and increasing energy production and abundance (see “Net Zero Self-Harm”, pp. 6–12; “Abundance”, pp. 13–15). While it addresses these topics in broad terms, it does not go into significant detail on the specifics of removing subsidies or other important measures, and it makes clear that such details will not be discussed in the paper itself (pp. 10–12).
This is a weakness. It is all well and good to state that the Net Zero policy will be reversed and that domestic energy resources will be exploited, but achieving these goals is highly complex and requires substantial legal, engineering, and policy expertise.
A more productive approach to developing energy policy, in my view, would have been to focus on specific areas, such as repealing Net Zero legislation or improving government policy towards nuclear energy. Each of the topics briefly addressed in this paper is extremely complex. As such, I do not believe the paper offers anything particularly unique or especially useful for a Restore government, if and when it were to enter power.
Net-Zero Self-Harm
Simple Changes
The Net-Zero section of the report states that the 2008 Climate Change Act should be repealed, along with the Climate Change Levy — a levy imposed on commercial energy (“Net Zero Self-Harm”, pp. 6–9). This increase in energy costs leads to higher prices for goods and services. The paper also proposes cancelling Renewable Obligation Certificates (ROCs) by Act of Parliament (pp. 9–10).
These appear to be the most actionable proposals in this section of the policy paper. In principle, these are positive measures and would be welcome changes to both economic and energy policy.
However, a more detailed analysis should have been conducted to determine which legislation would need to be repealed to achieve the state policy goals. A more detailed breakdown of the likely effects of cancelling ROCs would also have been welcome. There has been no mention of other legislation with built-in Net Zero provisions affecting areas such as planning, energy, construction, manufacturing, and more.
Ignoring other primary legislation, such as the 2023 Energy Act and the Planning and Energy Act 2008, would mean Net Zero would remain embedded in primary legislation. As a result, any attempt by a Restore Britain government to move away from Net Zero policy would likely be subject to successful judicial review, leading to years of litigation over energy policy.
More Complex Changes
Importantly, this policy paper recognises that divestment and the removal of subsidies for renewable energy are complex processes, as many renewable providers receive some form of subsidy or price guarantee under their contracts with the British government for the development of renewable energy projects (“Net Zero Self-Harm”, pp. 9–12; “Offshore Wind”, pp. 31–33).
One of the suggested means of dealing with this issue is to introduce windfall taxes on wind and solar providers, require operators to restore land to its original pre-installation state, and make greater use of existing laws protecting birds and other wildlife (pp. 10–11; also “Offshore Wind”, pp. 32–33).
The implication here is that the aforementioned legislation and taxes would be used to encourage divestment from wind and solar energy, which, depending on how they are implemented, could negatively affect Britain’s ability to attract large private investors. This is because using the above-mentioned legislative and tax strategy would increase investors’ perception of regulatory risk and may also place Britain in breach of existing trade, investment agreements and commercial contracts.
This section of the policy paper has been insufficiently thought through. In most wind and solar developments, there is already an obligation to restore the land to its original condition once operations cease as part of the decommissioning obligations. As for imposing windfall taxes on wind and solar farms, while this may not be unworkable, the broader set of proposals reflects a recurring issue throughout the policy paper: it lacks careful consideration and demonstrates an insufficient understanding of how such policy changes would affect the energy market more broadly.
Another suggestion, which is more welcome, is the proposal to renegotiate existing trade agreements that contain Net Zero commitments (pp. 11–12). The report correctly identifies that many clauses in trade and investment agreements are often vague and nonspecific. On this basis, renegotiation — or potentially disregarding such provisions altogether — would be easy, provided there is sufficient parliamentary support for doing so.
The reasoning in this aspect of the policy paper is sound, but, as is a recurring problem throughout the paper, this suggestion lacks detail on which treaties and articles would be renegotiated and how that would be done.
A Note On Planning: The Fourth Fundamental
The “Abundance” section of the report begins by explaining in detail the importance of achieving energy abundance and describes the problems currently faced by households and businesses due to the limited availability of cheap energy (“Abundance”, pp. 13–15). It then reiterates points about excessive regulation and planning barriers that hinder the development of energy projects, but provides limited detail.
It is important to note that the UK planning system, particularly in terms of land use for energy infrastructure projects, is widely regarded as cumbersome and inefficient. However, the report provides very few practical solutions or meaningful proposals for reforming the planning system (pp. 13–15; also references throughout “Nuclear”, pp. 24–31).
This is not something that is too disappointing, because developing practical and well-designed solutions to the cumbersome planning system, even when focused specifically on energy-related planning, is extremely difficult and is something with which many experienced academics and legal practitioners would struggle, let alone the small policy team at Restore Britain.
The issue with this section of the report is that, by this stage, it would be reasonable to expect either some genuinely detailed policy proposals or, at the very least, a set of clearly defined outlines suggesting that a more comprehensive policy framework would follow. Instead, the “Abundance” section largely meanders over three pages, with only a small number of paragraphs offering substantive value.
This reflects a broader and disappointing theme within Restore Britain’s policy papers: they are often short on practical detail and concrete planning, yet lengthy in argumentation and rhetoric.
Oil & Gas
The oil and gas section argues that British government policy towards oil and natural gas production has been deeply flawed. It correctly claims that these policies have contributed to a sustained increase in energy bills and argues that Britain would benefit from a greater domestic natural gas supply (pp. 16–21).
The principal policy proposal advanced in this section is to reduce the tax imposed on oil and natural gas production to a standard 25% corporate tax rate (p. 20). At present, oil and natural gas producers are subject to a more burdensome range of taxes and charges than many other industries. So if oil and natural gas taxation is more fair, it will become profitable, likely reducing energy prices in the United Kingdom.
In addition, the paper includes a discussion suggesting that revenues from oil and natural gas could potentially be used in a manner similar to Norway’s sovereign wealth fund (p. 20), which contributes towards funding its welfare and pension systems.
Importantly, while this may be a worthwhile policy ambition, it is necessary to recognise that a model which functions effectively in Norway may not be transferable to the United Kingdom. Norway’s oil and gas revenues are channelled through a state-owned energy company, whereas no comparable entity exists in the UK. Moreover, the creation of such a structure would likely sit uneasily alongside Rupert Lowe’s small-government, Thatcherite political outlook.
Nuclear (“Nuclear”, pp. 21–31).
Perhaps unsurprisingly, by this point, the nuclear energy section of the policy paper contains few clear policy objectives beyond the broad deregulation agenda and the greater inclusion of small modular reactors (SMRs) through planning reform and encouragement of private investment. (SMRs, pp.25-28)
SMRs are not commercially viable at present. In terms of operation, there are only two experimental SMRs in the world today: one in Russia and one in China. Both were development projects that took over a decade to complete. The reasons for this are complex and, according to SMR companies themselves, operational viability is not expected until the mid-2030s. Commercial viability is likely to come much later than that because, for SMRs to be commercially viable for both developers and users, they would need to be sufficiently standardised and widely adopted so that manufacturers can generate profits from them.
Furthermore, as with large nuclear power plants, similar siting considerations apply.
It is not clear that the technology is commercially unviable and should therefore be written off completely. However, the regulatory system and planning process should not be altered solely to encourage SMRs, nor should the government introduce investment incentives, as SMRs remain an untested technology outside naval submarines and surface vessels at present.
Therefore, the idea that local authorities and investors will be able to establish their own SMR facilities to provide cheap energy in the foreseeable future is unrealistic.
This section of the policy paper attempts to address policy in a highly complex and potentially dangerous industry, yet it does so without demonstrating that the author or authors possess any detailed knowledge of how nuclear regulation operates, or which specific regulations are genuinely in need of reform or repeal.
Offshore Wind
The principal policy proposals in the wind energy section are to stop approving new wind farms unless developers can demonstrate that the projects can cover all associated costs themselves, and to end subsidies for new developments (“Offshore Wind”, pp. 31–33).
In terms of policy, these proposals are workable and, in my view, worth pursuing. However, very little in this section of the report has not already been discussed in the Net Zero section (compare pp. 31–33 with pp. 6–12). As a result, the section feels somewhat repetitive and adds little in the way of new analysis or policy detail.
Fracking
The fracking section of the report is interesting and well-researched on the specifics of the current fracking policy and its problems (“Fracking”, pp. 33–36). However, as with other sections of the policy paper, it does not address policy or regulatory change in any meaningful detail.
The only specific policy proposal is to change the current allowable seismic disturbance to align with that for geothermal energy projects and reverse the current ban on fracking (pp. 35–36).
Beyond the fracking element, the paper only vaguely suggests the need to review and repeal regulations (pp. 35–36). If Restore Britain had produced a policy paper of similar length focused solely on fracking, it would likely have been considered sufficiently detailed to constitute a serious policy proposal or to demonstrate that Restore Britain is a government-in-waiting.
Conclusion
Although this policy paper makes some potentially beneficial proposals, it does not adequately set out clear policy. Admittedly, the paper’s remit acknowledged that certain specific areas of energy policy — such as addressing offshore wind farm contracts — would not be covered in detail, as doing so would be beyond the scope of a single paper (see “Net Zero Self-Harm”, pp. 10–12; “Offshore Wind”, pp. 31–33).
Overall, however, the policy paper is of poor quality because the writing style is casual and argumentative rather than neutral, and evaluative.
The overwhelming majority of the paper focuses on criticising previous government policy (throughout pp. 1–39). While there is certainly a place for criticism within a policy document, it should not dominate to the extent that it does here. Furthermore, where criticism is made, it ought to be supported by a high degree of detail and analysis, which this paper largely lacks.
The term “regulations” is repeatedly used without identifying any specific regulations, regulatory frameworks, or governing bodies (especially “Nuclear”, pp. 24–31; “Fracking”, pp. 35–36).
Perhaps the most striking example appears in the fracking section on page 36, where the paper states that “one geologist within the fracking industry expressed frustration to us that ‘so many pointless roadblocks have been put in the way of good-faith efforts to recover our own onshore reserves’” (p. 36).
The fact that no specific regulations were identified, and that this individual does not appear to have contributed substantively to the policy proposals themselves, suggests that Restore Britain’s promise — made during its launch campaign — to bring experts from business, science, and other professional backgrounds into government to help formulate policy and support MPs is unlikely to be meaningfully delivered upon.
Had I been asked to review this paper prior to publication, I would have focused on one area of energy policy, such as fracking or legislation, and used the additional space to provide more detailed explanations of how the proposed solutions could realistically be implemented.
Unfortunately, this document should not be regarded as a serious policy paper. Rather, it is better understood as a mediocre research paper which requires considerably more detail, technical understanding, and policy development.
