Angus McNeil: DECC are very slow moving and they haven’t yet responded to any of the reports that have gone in. We are battling for responses. But I think the investor confidence inquiry was a very good inquiry. I was at a conference this morning where one of the speakers from Somerset was pretty much repeating what we were saying – to hear it chiming with what people were feeling was encouraging. I think the problem we are always going to have with this government is they are wedded, or perhaps welded is the better word, to austerity. They see any spending as a cost rather than an investment. From an economic point of view, when the economy needs demand and has done for years, that is foolish. And not to be investing properly in energy and its infrastructure is foolish as well. Hopefully the National Audit Office will get some transparency in the coming year or two over the Levy Control Framework (LCF) and I think wider understanding of the merit order effect- the way previous spending and investment has led to lower bills today – will help.
Business Green 16th June 2016 read more »