BEIS announce independent review into the cost of energy

[ALEO Admin]

On 6 August, the Secretary of State for Business, Energy and Industrial Strategy, Greg Clark, announced an independent review into the cost of energy, to be led by Professor Dieter Helm CBE.

The review will recommend ways to keep energy prices as low as possible and builds on the commitment made in the Industrial Strategy green paper. The review will "consider the whole electricity supply chain – generation, transmission, distribution and supply. It will look for opportunities to reduce costs in each element and consider the implications of the changing demand for electricity, including the role of innovative technologies such as electric vehicles, storage, robotics and artificial intelligence."

The following advisory panel will support the reviewer by providing expert insights in a personal capacity:
- Terry Scuoler CBE, Chief Executive of EEF, the Manufacturers’ Organisation
- Nick Winser CBE, Chairman of the Energy Systems Catapult
- Laura Sandys, Chief Executive of Challenging Ideas
- Isobel Sheldon, Engineering and Technology Director of Johnson Matthey Battery Systems
- Richard Nourse, Managing Partner of Greencoat Capital LLP

The review will report at the end of October 2017.

For more information, see the BEIS press release at
https://www.gov.uk/government/news/inde ... businesses