Commenting on the OFGEM energy security plans set out last week, Tom Foulkes, ICE Director General, said:
“The UK’s energy situation is precarious and securing energy supply that is sustainable, affordable and low carbon presents a huge and urgent challenge.
“However it is increasingly clear that the current energy model is not capable of meeting this challenge. Prompt action from Government and industry is crucial in order to activate a joined-up approach between heat, transport and electricity generation, resolve funding issues and really drive forward energy efficiency. The energy sector underpins our economy - if confidence in the security of UK energy supply is lost our global competitiveness will be severely affected”
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