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The Low Carbon Economy Ltd

09 Aug 2010 11:08:04

Planning policy uncertainty 'is delaying energy infrastructure work'

Planning policy uncertainty 'is delaying energy infrastructure work'
The government must act now to clarify energy policy or risk losing £150 billion of investment in low carbon infrastructure, according to the Confederation of British Industry (CBI).

CBI's new report - No time to lose: Deciding Britain's energy future – suggested that if reforms are not made to energy and planning policy in the next six months, emissions targets and security of supply could be affected.

John Cridland, CBI deputy director-general, said that "slow progress on clean coal and nuclear power" and the current cost of renewable energy were all having an effect.

Commenting on the abolishment of the Infrastructure Planning Commission (IPC), Mr Cridland said: "Energy companies are unable to get the ball rolling on new infrastructure projects when it is unclear how the future planning regime will work."

Energy and climate change secretary Chris Huhne said earlier in the year that the scrapping of the IPC "will not slow down planning decisions".

By February 2011, the CBI wants the government to have announced the winner of the first carbon capture and storage demonstration project, advanced in preparations for new nuclear development, simplified the carbon reduction commitment and completed consultations on the carbon floor price.  ADNFCR-1235-ID-800016826-ADNFCR

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