Delaying investment decisions a big issue in energy market

Delaying investment decisions could be a big issue in the energy market, according to an independent energy supplier. Robert Groves, CEO of SmartestEnergy suggests people start planning ahead instead of […]

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By Priyanka Shrestha

Delaying investment decisions could be a big issue in the energy market, according to an independent energy supplier.

Robert Groves, CEO of SmartestEnergy suggests people start planning ahead instead of stalling investment decisions as this could affect them in the near future.

Speaking after the SmartestEnergy Conference held last week, Groves said that although investors can get away with it for a while, it would affect them when the demand rises.

He told ELN: “As we head to the medium turn, when the capacity starts coming off very quickly and the economy and demand picks up, investment decisions not taken now could leave us in a very embarrassing situation.”