Backing Homegrown Energy
Our Budget Submission to the Treasury outlines how smart reform can unlock investment, safeguard jobs, and deliver growth.
Explore the Proposal ↓The Challenge
75 %
of UK energy still comes from oil and gas
50 %
of that is produced here in the UK
1 000
jobs lost each month without reform
£160 bn
economic value lost since 2019 due to policy uncertainty
Without action, domestic production will halve again by 2030 — weakening energy security and accelerating job losses.
The Proposal: Reform in 2026
OEUK’s plan will boost UK growth, jobs, and climate progress through fiscal reform and stable investment.
+ £137 bn
added to the UK economy by 2050
+ £12 bn
additional tax revenue
+ £40 bn
new capital investment
160 000
jobs safeguarded
23 000
new roles created
− 50 %
emissions cut by 2030
Regional Impact
Aberdeen & NE Scotland
+ 23 000 jobs protected
Teesside & Humber
£ billions in new investment
East Anglia
5 000 jobs safeguarded
Merseyside & NW England
Supply-chain growth secured
Reform will strengthen industrial heartlands and protect communities across the UK.
Building the UK’s Energy Future
The “Offshore Energy Mission Control” will coordinate oil, gas, wind, CCUS, and hydrogen — delivering a joined-up strategy for a resilient, low-carbon energy system.
- Unites government, regulators, and industry in one plan
- Accelerates licensing, investment, and infrastructure delivery
- Ensures half of UK energy demand is met from homegrown sources
Support the Proposal
Add your name in support of OEUK’s 2025 Budget Submission for growth, jobs & net zero.
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Download Full Submission (PDF)
