In a public submission made to the new Parliamentary Select Committee for Energy and Climate Change, ICE's Energy Expert Panel has called on the MPs to investigate the Government’s progress into the development of electricity storage policy.
Described by Government as one of the “eight great technologies which will propel the UK to future growth”, the potential for electricity storage has grown dramatically in the past few years. The panel said electricity storage could help the UK meet its renewable and emissions targets, ease the tightening of electricity capacity margins, manage peak electricity demand and intermittency of renewables, help extend the life of aging energy infrastructure, and stem increasing energy costs at a consumer level.
ICE also called on the committee to:
- review the UK nuclear energy market;
- review how the Government’s energy policy will affect consumers’ wallets;
- a review of recent changes to renewables support programmes;
- assess whether to introduce a ‘carbon intensity target’ for electricity generation; and
- conduct a review of electricity supply margins ahead of Winter 2015/16.
The newly convened committee, established this year following May’s General Election, will examine the expenditure, administration and policy of the Department of Energy and Climate Change (DECC) and its associated public bodies. Chaired by Angus MacNeil MP the multiparty group of parliamentarians called on the public and industry to advise on the committee’s key areas of scrutiny over the years to come.
Drawing on submissions made the MPs will draw up an agenda for inquiry. They will use this as a basis to scrutinise the decisions of ministers and top officials within DECC, and provide oversight of energy and climate policy in the UK.
Find out more about the Energy and Climate Change Committee
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