GHG Daily
1/28/2016
In an open letter to the government of the United Kingdom, a number of U.K. business leaders called for “clear leadership and stable [energy] policy from government.” The letter, published Tuesday, is signed by officials from 19 companies including Amec Foster Wheeler, BOC, and General Electric. The group said the U.K.’s energy mix will need to transform in order to meet global climate ambitions. “This transition is being led by businesses, who have increased the UK’s use of renewable energy for our electricity supply from 11% to 25% in just three years,” letter says.
However, while the industry is willing to take the lead, it needs government support, according to the letter. “For business and household bill-payers, we need to make this transition while keeping costs affordable and our energy supply secure. UK industrial firms already pay higher electricity costs than EU competitors, and spare capacity on our grid is getting squeezed as we phase out older power stations,” the letter says. “Getting the investment we need to address this requires clear leadership and stable policy from government. We need more of this in 2016.”