Academy welcomes Energy Bill and will continue to support UK's ...

29 November 2012

Academy welcomes Energy Bill and will continue to support UK's energy future

The Royal Academy of Engineering welcomes the publication of today's Energy Bill. There is an urgent need for clarity and stability in the UK's energy policy to enable companies to invest with confidence in new generation technology.

The Academy is pleased that energy policy has moved up the political agenda and looks forward to helping government develop a truly integrated energy policy that brings together electricity transport, heat, and the power of a future smart grid to solve the trilemma of energy security, affordability and sustainability. In its 2010 report Generating the Future: UK energy systems fit for 2050, the Academy drew attention to the challenges of developing an integrated energy system. Since then we have studied in greater depth the effects of electric vehicles (Electric Vehicles: charged with potential, 2010) and the even more difficult challenge of decarbonising domestic heating (Heat: degrees of comfort? 2012).

Today's statements seem to take on board what the Academy has been arguing for some time: that energy is a vital and valuable resource and that the engineering and financial challenges are unprecedented and immense. Much more effort will need to go into reducing energy wastage as well as into new generating and grid assets.

Sir John Parker GBE FREng, President of the Royal Academy of Engineering, says:

"Energy is at the heart of society and underpins economic growth. Without a secure and affordable supply of energy for the long term, our industries will not be globally competitive. The UK stands at a crossroads; we need massive investment in our energy system over the coming years to replace ageing infrastructure and create a modern, clean secure energy system."

ends

Notes for editors

1. Founded in 1976, The Royal Academy of Engineering promotes the engineering and technological welfare of the country. Our fellowship - comprising the UK's most eminent engineers - provides the leadership and expertise for our activities, which focus on the relationships between engineering, technology, and the quality of life. As a national academy, we provide independent and impartial advice to Government; work to secure the next generation of engineers; and provide a voice for Britain's engineering community.

For more information please contact:

Jane Sutton at The Royal Academy of Engineering Tel. 020 7766 0636; email: Jane Sutton

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Source: http://www.raeng.org.uk/news/releases/shownews.htm?NewsID=810

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