Government raises hopes for greener budget



With confidence within the renewable sector being regularly tested by our governments inability to set and leave alone a positive policy for energy,  positive news regarding Heseltine's work last year is gladly welcomed.

Minsters have broadly backed Lord Heseltine's wide-ranging plans to accelerate regional growth, raising the prospect of a greener budget and more ambitious clean energy policies.

The Treasury has confirmed it will accept 81 of the 89 recommendations put forward by the Conservative peer in the No Stone Unturned report he authored last year, which set out a strategy to accelerate infrastructure investment as a means of restoring growth to the UK economy.

The report urged the government to set out a "definitive and unambiguous energy policy, including the supporting financial regime, to give the sector the certainty to invest".  He praised the government's plans for a fleet of offshore wind farms and welcomed proposals to tap tidal energy from the Severn, arguing the project would provide "the possibility of both a long-term source of energy and extraordinary economic regeneration".
 
The Heseltine plan was welcomed by companies across the green energy sector, which have been calling for greater policy consistency so they can capitalise on the opportunities offered by green energy infrastructure.

A recent survey by the Renewable Energy Association (REA) revealed that in general the UK renewables industry is concerned about UK energy policy and like us is asking for simple clear support.

Commenting on the results, REA chief executive, Gaynor Hartnell said: “The UK has to achieve a higher growth rate than any other Member State in order to reach its 2020 renewables target. Mixed messages remain a problem and industry needs policy certainty and political consistency. The prize is up to 400,000 jobs by 2020, economic growth and greatly improved energy security.”