In the UK the increased “politicalisation” of energy policy has led some to argue that the energy industry is now facing its biggest crisis since privatisation. What is clear is that balancing the energy policy objectives of secure supplies, reducing carbon emissions and maintaining affordability is not easy and agreement on the right balance across political parties, industry and consumers has not been reached; without such a consensus the risks to investment – and hence the achievement of all three goals of policy – are substantially increased.Volker Beckers, Michael Grubb, Phil Grant, Jim Watson, David Newbery, Alistair Buchanan, Charles Hendry, Ian Marchant, Emily Cox and Rob Gross talk about the balance of energy policy objectives, the challenges for the low carbon and security of supply agendas, the scale of the investment challenge and the increased “politicalisation” of energy policy.
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