Responding to the Energy whitepaper, Director General of the Institution of Civil Engineers Tom Foulkes said:
“Today’s white paper is a much-needed development. Creating certainty for investors is the only way the UK is going to guarantee a secure and affordable low carbon energy supply in the future and if we get it right the opportunity is there for the UK to become a market leader globally as an attractive, low risk place to invest.
“However it requires a careful balance between reforming the market to drive investment in a diverse energy mix, to which end the guaranteed price for electricity should be a significant incentive, and equally important engineering measures such as demand management and regulatory reform which will ensure that industry has the capacity - and confidence - to deliver such a massive programme of work.
”Urgent ratification of the energy NPSs is crucial to maintain investor confidence and ensure critical infrastructure programmes go ahead as planned.”
Media contacts
For further information contact:
Emily Beadon, ICE Media Manager, 0207 665 2261, emily.beadon@ice.org.uk
Notes to editors
The Institution of Civil Engineers (ICE) is a leading source of professional expertise in transport, water supply and treatment, flood management, waste and energy. Established in 1818, it has over 80,000 members throughout the world including over 60,000 in the UK. ICE’s vision is to place civil engineering the heart of society, delivering sustainable development through knowledge, skills and professional expertise. The ICE has long worked with the government of the day to help it to achieve its objectives, and has worked with industry to ensure that construction and civil engineering remain major contributors to the UK economy and UK exports.