The situation
The UK faces multiple energy security challenges due to a 70.5% reliance on gas imports, worsened by an 18% drop in North Sea production in Q2 2024. The privatized energy system from the 1980s has failed to introduce competition, resulting in five companies controlling 70% of household supply and driving energy bills up by 50% in real terms from 1996 to 2018. Heavy dependence on Norway for 41.1% of gas further increases vulnerability. The combination of high import reliance, declining production, and a profit-driven system leaves the UK exposed to price volatility and supply risks, especially highlighted during the recent global energy crisis.
A new order
As the global landscape evolves, traditional assets must become more competitive. Older residential properties face rising maintenance costs and need modernisation amid increasing environmental and financial pressures. Property developers must adapt to meet these demands, investing in significant refurbishments, updated technologies, and sustainable practices to enhance value. Energy independence and generation are crucial; the ability to produce clean energy on-site provides a competitive edge. Implementing solutions, such as solar wind turbines and CHP, lowers operational costs and boosts yields.
Stealing fire
At Lazarus Group, we are enhancing our expansion and operational excellence through the use of tokenised bonds on the XRPL. This innovative method enables us to finance projects at competitive rates unavailable to many rivals. By leveraging blockchain technology, we optimise funding and access a global pool of accredited investors. The efficiency and transparency of tokenised bonds allow us to raise capital quickly, enabling us to seize emerging opportunities in property development.