'Slowing the pace is not an option': How the clean energy transition can navigate an era of high interest rates

James Murray
clock • 11 min read
'Slowing the pace is not an option': How the clean energy transition can navigate an era of high interest rates

Resolution Foundation warns sustained high interest rates could push up the cost of decarbonising the power system, but policies are available that could ensure promised energy bill savings are still delivered

How much will the net zero transition cost? It is a grossly simplistic question that glosses over the countless variables, complex co-benefits and externalities, and shifting tectonic plates of geopolitics...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

EV market revs up as July posts 50 per cent growth rate

Summertime silence

More on Energy

'We've easily got enough resources': Could Cornwall hold the key to Britain's energy and critical mineral security?
Energy

'We've easily got enough resources': Could Cornwall hold the key to Britain's energy and critical mineral security?

The UK's first geothermal energy plant began exporting power earlier this year and is also producing lithium for the battery industry - is Cornwall poised to rise once again as an industrial powerhouse of the clean tech revolution?

Michael Holder
Michael Holder
clock 05 August 2026 • 11 min read
Drax completes 'transformational' £548m acquisition of Bluefield Solar
Energy

Drax completes 'transformational' £548m acquisition of Bluefield Solar

Energy giant secures multi-gigawatt pipeline of new solar and wind projects, as it looks to further diversify its clean energy portfolio

James Murray
James Murray
clock 31 July 2026 • 2 min read
Renewables met a record 52 per cent of UK power demand in 2025
Energy

Renewables met a record 52 per cent of UK power demand in 2025

Record output from offshore wind and solar saw the share of electricity provided by renewables jump yet again, the latest government statistics confirm

Michael Holder
Michael Holder
clock 30 July 2026 • 4 min read