A Department of Trade and Industry (DTI) review that will shape the government’s future energy strategy and have a massive impact on manufacturing costs has finished its period of consultation and moved into the next stage.
The Energy Review will take into the account the effects that climate change, declining domestic production, high energy prices and an increased reliance on overseas sources are having on UK energy use, and look at how the government can improve the supply and demand of energy while reducing CO2 emissions.
The report will also look at the possibility of new reliable nuclear energy, which is still an option after the energy white paper left the option open, and the implications of increased dependence on fossil fuels.
However, energy minister, Malcolm Wicks, added that any potential solution must be inline with the government’s goals to cut the UK's CO2 emissions, maintain a reliable energy supply and promote competitive markets.
The consultation involved questioning 500 energy and environment experts and members of the public, examining all aspects of the government’s energy policy including fossil fuels, nuclear power and energy efficiency.
“The public consultation launched three months ago has sparked some heated debate with valuable contributions from environmentalists, energy groups, the public and business,” said Malcolm Wicks.
“It is now time for us to analyse this evidence, incorporate it together with our own analysis and thinking to prepare a report for the prime minister by the summer.”