Business leaders have slammed the Government’s energy policy, describing it as “disjointed” and saying more money needs to be invested in the construction of new nuclear and coal plants.
The CBI said the current strategy was targeted too much at wind power and under-investing in other energy projects.
Deputy director-general John Cridland said the UK needed to build a “more balanced” energy mix.
He said: “Large chunks of our energy infrastructure urgently need replacing and we have tough climate change targets to meet. However, the Government’s disjointed approach is deterring the private sector investment needed to get our energy system up to scratch, bolster security and cut emissions.”
Ministers have been urged to reduce the percentage of wind power expected by 2020 to encourage investment in other low-carbon energy sources, as well as speed up the planning process.
The CBI said the current strategy was targeted too much at wind power and under-investing in other energy projects.
Deputy director-general John Cridland said the UK needed to build a “more balanced” energy mix.
He said: “Large chunks of our energy infrastructure urgently need replacing and we have tough climate change targets to meet. However, the Government’s disjointed approach is deterring the private sector investment needed to get our energy system up to scratch, bolster security and cut emissions.”
Ministers have been urged to reduce the percentage of wind power expected by 2020 to encourage investment in other low-carbon energy sources, as well as speed up the planning process.
Source: Construction News
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