Commenting on the publication of today’s Project Discovery report, Steve Radley, EEF Director of Policy, said:
"Ofgem’s report paints a candid picture of the major challenges facing the UK over the next decade and the threat they pose to the competitiveness of industry. The analysis clearly shows that energy security will be compromised unless far-reaching reforms are made."
He went to challenge government to show the same sense of urgency:
"We now urge government to heed the regulator’s timely call and initiate a transparent and open-minded review. This report is the final nail in the coffin for the view that we can continue to muddle along with our current approach to energy markets and policy. Doing nothing is simply not an option."