Power switch: What Humza Yousaf means for energy

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Power switch: What Humza Yousaf means for energy
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The new first minister has big plans, both to take a stake in wind farms and to raise tax on energy giants.

It's a big week for energy, as government payouts subside and the Westminster government aims to power up domestic supply.

It's not only that support for business bills is sharply reduced from the start of April, causing some real concern as bills soar again. . Based in north-east Scotland, that seeks to ally CCS with hydrogen production, throwing in some trials of sucking the carbon out of the atmosphere.The vote for the new SNP leader and first minister also has a significant impact on the future of the country's energy sector.

A second large tranche of permits were granted last week for Intog - innovation and targeted oil and gas. Others saw economic risk, as well as political danger in the north-east of Scotland, from accelerating the decline of offshore oil and gas. "What we want to see from the new first minister is a reassessment of the importance of oil and gas from the point of view of energy security and also in terms of jobs."

It's also a lobbying plea for governments and Labour, if it is to be in government, to be less hostile to those drilling for oil and gas. For scale, those 500 million barrels happen also to be UK production for the whole of last year, supplying 44% of British gas demand and 67% of oil consumption. The remainder means imports and, it's implied, vulnerability to global markets.

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