EEF comment on BIS Renewables Obligation announcement
05/04/2016 MAKE UK
Commenting on the announcement by the Business Secretary of a consultation on the Renewables Obligation for steel and other energy intensive industries, Terry Scuoler, Chief Executive of EEF, the manufacturers' organisation, said:"Providing energy intensive industry with an exemption from the costs of renewables is hugely welcome and will help ease the pressure on these vital sectors.
"A system of permanent exemption from energy policy costs is the only long term solution that can provide these sectors with that crucial sense of certainty that is so important for future investment decisions. This is something the current system of compensation payments will struggle to do to the same degree.
"Today's consultation publication is a welcome next step to getting this critical measure in place by next April and placing these sectors on the level playing field that they deserve."
For more information, please contact:
EEF, the manufacturers' organisation
Tel: 0207 654 1576
Fax: 07979 543710
Email: mswift@eef.org.uk
Web: www.eef.org.uk
Print this articleShare article:
Process and Control Today are not responsible for the content of submitted or externally produced articles and images. Click here to email us about any errors or omissions contained within this article.