To mark the upcoming General Election, we’ll be publishing a post a day to highlight each parties stance on energy topics. We’ve trawled through all the manifestos to find what each party has promised and which position they will be taking with regards to the Energy market and energy matters.
Yesterday we followed on with with Energy Efficiency and today we'll be discussing Energy Investment. - Manifestos arranged alphabetically.
The Conservative Party.
Our ambition is that the UK should have the lowest energy costs in Europe, both for households and businesses. So as we upgrade our energy infrastructure, we will do it in an affordable way, consistent with that ambition.
The Green Party.
We will ensure that all new investment in energy is directed towards clean, renewable energy, and a smarter, networked grid, with battery-storage, demand-side measures, and interconnection. This would be detailed in a comprehensive Clean Energy Plan.
The Labour Party.
Invest £250bn over ten years in upgrading our economy…We will transform our energy systems, investing in new, state-of-the-art low-carbon gas and renewable electricity production.
Liberal Democrats will...commit to a responsible and realistic £100bn package of additional infrastructure investment. This will prioritise...additional funding to bring more private investment into renewable energy... We will support investment in cutting-edge technologies including energy storage, smart grid technology, hydrogen technologies, offshore wind, and tidal power (including giving the go-ahead for the Swansea Bay tidal lagoon), and investing heavily in research and development.
[...] transfer responsibility over Welsh energy generation and natural resources to the National Assembly.
The Scottish National Party.
We will also seek to build a regulatory environment which including pumped hydro and batteries, allowing Scotland to maximise the benefits of our outstanding resources and build an energy system for the 21st century.
The UK Independence Party.
Brexit offers the perfect opportunity to review energy policy, prioritising lower prices and more secure supplies. There is one major problem: a lack of MPs in Westminster who recognise the potential of a rational energy policy, and who are committed to delivering it.
What do the Manifestos mean for your business and utility management? We’d love to hear your comments.
Tomorrow's we'll be discussing the Internal energy market .