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Energy: Long term security vital

Commenting on the report published by the National Audit office today, Infrastructure investment: the impact on consumer bills, Adam Marshall, Director of Policy at the British Chambers of Commerce (BCC), said:

“The current debate over short-term energy prices is missing the point. Politicians should be worried first and foremost about energy security – because if we can’t keep the lights on, businesses can’t grow and nor can the economy as a whole.

“Companies are concerned about the rising cost of energy. Some, particularly SMEs, are demanding far more information and transparency around the rising energy costs they face, and are sceptical about claims made by their suppliers. All businesses, however, are concerned with whether the UK can generate and distribute the power needed for economic success.

“Westminster politicians are thinking short-term, but Britain’s energy issues are long-term. Energy supply is a question of national prosperity and security, not cheap retail politicking.”