Commenting on the Energy Statement announced on 30/3, Verity Davidge, Director of Policy at Make UK, said:
“Today, the Government has rightly put investment in the technologies of the future that are necessary to secure energy supply and keep the UK’s transition to net zero on track. Carbon Capture and Storage, port infrastructure for floating offshored wind and advanced modular nuclear technology have been put front and centre and this will be welcomed by manufacturing. The continued push for renewable electricity and green hydrogen is critical and are rightly being maximised.
“However, these are just a part of a complex puzzle, and we need to maximise use of the technologies we have today to help industry itself decarbonise and which revolve, for the majority of businesses, around energy efficiency.
“While aspects of today’s announcements emphasise the importance of keeping our domestic manufacturing capability afloat in all areas, including the many smaller players in the supply chain, there remains a huge risk that if we do not support manufacturers to overcome the current cost of energy crisis their hands will be tied behind their backs when it comes to investing in the future. Industry needs a stable policy environment that is long-term and coherent across the board if we are to truly meet our net zero ambitions.”
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