Comment on Labour energy plans

Commenting on Labour energy proposals outlined at the party’s conference today, Jess Ralston, Energy Analyst at the Energy and Climate Intelligence Unit (ECIU) said: “Insulating leaky homes is key to bringing bills down with gas prices showing little signs of stabilising. Gas is predicted to stay around twice as expensive as pre-crisis for the foreseeable future, so ramping back up the insulation industry - made up mostly of SMEs across the country - which has seen a downturn from Government programmes over the last year or so will be a vital first step.

“Building out more of our own new renewables which were much cheaper than gas even before the gas crisis helps with bills and energy independence. A focus on fixing up the UK's energy grid will be a boon for the industry who have long been calling for this, but a Labour leader will have to demonstrate they can roll out a plan to win big energy companies' investment in the short term to achieve the ambitious 2030 power decarbonisation target.”

ENDS

For more information or for interview requests:

George Smeeton, Head of Communications, ECIU, Tel: 07894 571 153, email: george.smeeton@eciu.net