Osborne to lead “reform of the energy market” to target £200bn

The UK Chancellor George Osborne has vowed to speed up plans for a green investment bank. In the only mention of energy-related issues, the chancellor, in his Budget speech on Tuesday, vowed to accelerate proposals for the bank, which has been long-called for by many in the energy industry. However, the official documents of the […]

Electricity association chief keen to see details of Budget energy plans

The Association of Electricity Producers has said that if the government gets right its Budget plans for energy it will create “huge opportunities”, but if it fails “there could be serious consequences”. The association’s chief executive David Porter said: “The government recognises that the industry will have to spend £200bn in the next decade to […]