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UK Energy Summit Launches Electrify Now, Secures £100 bn Pledges

6/24/2026

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Story summary
  • The United Kingdom hosted the Energy Transition Summit in London, where Ed Miliband and UN Secretary-General António Guterres launched the Electrify Now initiative.
  • Business leaders signed a statement backing faster electrification, with a survey showing 91% deem it vital for energy security and 82% favor renewable-dominant power.
  • Ed Miliband announced private-sector pledges over £100 billion for UK offshore wind, solar and grid projects through 2031.