The Energy Networks Association has said that energy is “going to be one of the most challenging policy areas for the new government”.

David Smith, chief executive of the ENA, the industry body for UK energy transmission and distribution licence holders and operators, said: “It is fundamentally important that the challenge is met successfully and ENA member companies hold the key to unlock that success.”

Mr Smith said it was “vital that planning and energy policy are cleared of unnecessary obstacles. Crucial investment in networks must not be held up by uncertainty. There is no room for misguided policy or regulatory uncertainty.”

He said that UK companies will be looking to Energy Secretary Chris Huhne “to enable the industry to deliver secure energy supplies and to shield consumers from unnecessary costs”.

He added: “There is a pressing need for low-carbon generation capacity, greater efficiency in energy consumption and security of supply. Threats to the environment and to the UK energy security arising from climate change, diminishing North Sea gas stocks and ageing power plant have all to be addressed.”

Mr Smith said ENA members wanted to see “clear policy”.

“With the right legislative, regulatory and financial environment, energy networks will bring on the changes needed to preserve a secure energy supply and to protect the environment.”

Our gas network sector is a world leader on many counts. For the future we must get the best out of this national asset whether through the development of renewable gas, piping of carbon dioxide emissions or creation of heat networks.