survey, which was undertaken by Green Monday in partnership with the Aldersgate Group, finds this is due to a lack of investment in new generating capacity to replace decommissioned coal-fired power stations.

Andrew Raingold, Executive Director of the Aldersgate Group, said: “The rising costs of energy in the UK are a major concern for businesses and households. The corporate survey demonstrates that it is the price of fossil fuels, not green policies that will have the biggest impact on rising bills.

"These findings are consistent with Government analysis which finds that recent energy bill increases are primarily due to increased wholesale gas costs.  The cheapest way to address this challenge is to reduce demand. There must be much more focus on incentivising consumers and businesses to use less energy rather than investing in expensive new supply.”

It has also been announced that the Aldersgate Group's skills lead, John Edmonds, has been appointed to Labour's green economy policy review group. With representation from the shadow DECC, BIS and Treasury team, the review aims to develop a policy framework that stimulates sustainable growth with benefits to jobs, competitiveness and the environment.

http://www.workplacelaw.net/environment/content/42826

" /> survey, which was undertaken by Green Monday in partnership with the Aldersgate Group, finds this is due to a lack of investment in new generating capacity to replace decommissioned coal-fired power stations.

Andrew Raingold, Executive Director of the Aldersgate Group, said: “The rising costs of energy in the UK are a major concern for businesses and households. The corporate survey demonstrates that it is the price of fossil fuels, not green policies that will have the biggest impact on rising bills.

"These findings are consistent with Government analysis which finds that recent energy bill increases are primarily due to increased wholesale gas costs.  The cheapest way to address this challenge is to reduce demand. There must be much more focus on incentivising consumers and businesses to use less energy rather than investing in expensive new supply.”

It has also been announced that the Aldersgate Group's skills lead, John Edmonds, has been appointed to Labour's green economy policy review group. With representation from the shadow DECC, BIS and Treasury team, the review aims to develop a policy framework that stimulates sustainable growth with benefits to jobs, competitiveness and the environment.

http://www.workplacelaw.net/environment/content/42826

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Costs of energy major corporate concern

Posted on 19 July 2012.

Costs of energy major corporate concern

A survey of energy experts from the UK’s largest businesses has revealed that only 5% of respondents expect the UK’s energy prices to be less than its competitor economies in 2015, with 62% expecting them to be higher.  The survey, which was undertaken by Green Monday in partnership with the Aldersgate Group, finds this is due to a lack of investment in new generating capacity to replace decommissioned coal-fired power stations.

Andrew Raingold, Executive Director of the Aldersgate Group, said: “The rising costs of energy in the UK are a major concern for businesses and households. The corporate survey demonstrates that it is the price of fossil fuels, not green policies that will have the biggest impact on rising bills.

"These findings are consistent with Government analysis which finds that recent energy bill increases are primarily due to increased wholesale gas costs.  The cheapest way to address this challenge is to reduce demand. There must be much more focus on incentivising consumers and businesses to use less energy rather than investing in expensive new supply.”

It has also been announced that the Aldersgate Group's skills lead, John Edmonds, has been appointed to Labour's green economy policy review group. With representation from the shadow DECC, BIS and Treasury team, the review aims to develop a policy framework that stimulates sustainable growth with benefits to jobs, competitiveness and the environment.

http://www.workplacelaw.net/environment/content/42826