Uk Energy Needs Pounds 230bn to Invest in Infrastructure ; Sustainable Industries

Summary


The UK energy supply industry will have to invest over pounds 230 billion in new infrastructure by 2025 to ensure the country's future security of supply and to meet current climate change and renewable targets, according to Ernst & Young.

The need to replace ageing power plants and the recent Russia - Ukraine gas dispute have heightened concerns over energy security and thrown into the spotlight the significant investment required to meet the UK's energy goals. But the landscape in which this investment must be raised has altered fundamentally as the credit crunch and economic downturn take hold.

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Uk Energy Needs Pounds 230bn to Invest in Infrastructure ; Sustainable Industries

In response to this, Centrica has commissioned Ernst & Young to update its 2008...

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