The U.K. government and energy minister, Miatta Fahnbulleh, has given the green light to the Jackdaw gas field, and the chancellor has announced a new Energy Wealth Fund.
The Jackdaw gas field already is licensed, and the North Sea Transition Authority’s decision to grant consent now gives the developer the green light to begin operations at the field. Jackdaw will begin to supply gas to British homes and businesses from the end of October, after the energy secretary agreed that the regulator can grant consent for gas to be produced at the field.
Recent events in the Middle East have triggered global energy shocks and pushed up bills for families across the country. At a time of global instability, homegrown energy can be a source of national strength. The Jackdaw decision is expected to increase domestic gas production by around 6 percent at its peak — supporting the United Kingdom’s gas supply during its lifespan of up to 11 years, boosting the region’s energ
