Energy review ‘welcome contribution’ to debate on costs of supply

Published: 30 Oct 2017

By: NIC

Tagged:

Electricity pylons at dusk

Chairman of the National Infrastructure Commission Lord Adonis has said publication of a wide-ranging review into the costs of energy is a “welcome contribution”, which will be considered as part of developing the first-ever National Infrastructure Assessment.

In his report to the Government, Professor Dieter Helm of Oxford University examines the whole electricity supply chain, including generation, transmission, distribution and supply.

In it, Professor Helm particularly highlights the use of competitive auctions to bring down costs, and examines how companies behind the latest technologies could contribute to the costs they impose as their use is expanded – helping to shield homes and businesses from bill increases.

Responding to the review, Lord Adonis said:

“As we look to meet our carbon reduction targets, we must look to new and emerging technologies for our energy supply – but it’s vital these are deployed at the lowest possible cost to consumers.

“The halving of offshore wind energy costs over the past two years demonstrate what can be achieved, and Professor Helm’s review is a welcome contribution to this debate.

“We will be considering his ideas carefully, particularly as we continue to develop this country’s first-ever National Infrastructure Assessment.”

 

Share this article

<

Recent Articles

Armitt: Let’s create a legacy of which we can be proud

Armitt: Let’s create a legacy of which we can be proud

Commission Chair Sir John Armitt has today (12 July 2024) welcomed infrastructure related announcements made by the new government in its first few days of office. This week, the Chancellor and other Ministers have made various statements setting out the government’s plans, including on planning reform, devolution to elected mayors, and the establishment of a...

12 Jul 2024 By
We’re recruiting: Analytical advisor
Photo of data graphs on a screen

We’re recruiting: Analytical advisor

Are you passionate about data and understanding the stories and insights it can tell? Are you experienced in analysing large datasets to inform policy and applying learnings to a range of policy issues? Then a role within our Analysis and Modelling team could be right for you. We are looking for two analytical advisers to...

1 Jul 2024 By
We’re recruiting: Senior policy adviser (transport)
Buses at a busy bus station

We’re recruiting: Senior policy adviser (transport)

Are you passionate about improving the UK’s transport systems? Do you have a good mix of experience, skills and insights about how effective transport infrastructure can help boost regional economies, support the decarbonisation of the economy, remain resilient to the impacts of climate change, or make the most of technological developments such as AI? If...

26 Jun 2024 By

Evidence_Icon_Turquoise Created with Sketch.

Explore data used in the Commission's research, and gain insights from across UK infrastructure

Join our team of professionals supporting the Commission to provide evidence based and forward thinking advice on infrastructure strategy.