Energy UK comments on government announcement on CfD
In response to the Government's announcement to exempt energy intensive industries from the costs of the Contracts for Difference scheme, Energy UK made the following comment:
An Energy UK spokesperson said:
“We welcome the Government’s efforts to balance the costs of stimulating significant investments in renewable and low carbon energy whilst at the same time ensuring that the UK remains attractive and internationally competitive to energy intensive industries.
“However, it must be acknowledged that this reflects an additional policy cost on consumer bills, and those businesses that are not exempt, at a time when they are under intense scrutiny.”