Commenting on the speech by the Secretary of State for Energy, Amber Rudd, Claire Jakobsson, Head of Energy & Environment Policy at EEF, the manufacturers’ organisation, said:
“Today’s speech marked a turning point for the UK’s energy strategy. At long last we are seeing a government addressing security of supply concern in line with decarbonisation goals.
“The Government has placed a clear marker in the sand with its announcement to end unabated coal by 2025 and given investors a clear signal to move forward with plans for new gas. Our dwindling capacity margin demonstrates the need to urgently bring forward investment in new gas plants and all eyes will be on this year’s capacity auction to see if it delivers.
“While today’s announcements are reassuring for British industry, they must now be met with action. The consultations next spring may give greater clarity on much of the detail of delivery, but we must move forward quickly. We cannot afford more decades of delay impacting security of supply, risking international competitiveness and, ultimately, costing the consumer.”