Valentino Dawson

Britain stands at a pivotal moment in its pursuit of clean, secure and affordable energy. As of today, nearly all of the UK’s ageing reactors are due to retire by 2030 , and nuclear power currently provides only about 15% of the country’s electricity , down from over 25% in the 1990s . In response, the government has embraced a renewed nuclear expansion that it describes as the most significant in seventy years. This includes the selection of Rolls-Royce’s Small Modular Reactor as the...

Could a UK fossil-fuel-based sovereign wealth fund be structured to avoid incentivising prolonged oil and gas extraction? Half a century after the North Sea oil boom, Britain again stands at a crossroads: between perpetuating the short-termism of the 1980s or designing a sovereign wealth fund fit for a net-zero long-term future. The UK remains reliant on North Sea oil and gas even as production declines sharply, with output 42% below pre-pandemic levels and projected to fall 89% by 2050 . At...