Financing our future energy infrastructure

How can the UK best encourage investment into a low-carbon, low-cost energy system while securing energy supplies for the long term?

e Business, Energy and Industrial Strategy (BEIS) Committee is currently examining the evidence that was received as part of its inquiry on financing energy infrastructure.The inquiry was launched in the wake of investor decisions to halt work on new nuclear projects.

These cancellations and suspensions illustrate the growing concerns among investors regarding the competitiveness of delivering new nuclear in the UK. This is not the inquiry’s whole remit, however. It also looks at challenges in raising finance for renewables and energy storage, the attractiveness of the UK as a destination for energy investment, as well as the role of government in providing support and sharing risk.