What do the parties have to say about energy? Part 3: Liberal Democrats

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What do the parties have to say about energy? Part 3: Liberal Democrats

By |2017-12-19T15:16:03+01:00June 5th, 2017|Energy, Regulations & Policy|

Leading up to the General Election on Thursday, 8 June 2017, we scrutinise the leading parties’ energy policies. The third article in our series is dedicated to the Liberal Democrats’ stance on energy.

The Liberal Democrats have made the pledge to continue with the high standards the European Union have set even after Brexit takes place. This would involve adopting the European law into UK law but it is the big commitment to a greener, cleaner future and one that they already had the plans in place for before the Brexit vote last year.

The party also aims to drive more funding from the private sector to the renewable energy developments. No specific details on how they plan to achieve this have been laid out but it’s clear that renewable energy is high on the priority list along with making it commercially viable. They actually take time to reflect on the failings of the current regimes green energy policy’s but stop short of calling out the prior Labour government’s.

“Pass a Zero-Carbon Britain Act to set new legally binding targets to reduce net greenhouse gas emissions by 80% by 2040 and to zero by 2050.”

A hugely bold statement which we are sure has the best intentions but like many of the other party’s, it’s purely a headline statement with no substance as to how to achieve it. Both the prior Labour government and the Conservative government have implemented many schemes with this goal in mind but to date they have had limited success.

“Expand renewable energy, aiming to generate 60% of electricity from renewables by 2030, restoring government support for solar PV and onshore wind.”

A pledge to return some of the funding that has been cut in recent years for the renewables energy sector. If any of the lofty goals they have outlined are to be achieved, then this has to be implemented. Generating energy to feedback in to the grid and investing in new emerging technologies has to be commercially viable for all small and medium-sized businesses as bottom line will trump environmental ambitions in most cases.

“Accept that new nuclear power stations can play a role in electricity supply”

The Liberal Democrats have made a risky statement with this – nuclear is a hot topic with very differing opinions, one the two big parties have avoided it so it’s good to see a stance from them.

“Greener homes, lower energy bills”

Reducing costs is talked about but only on a domestic level, there is no mention anywhere on any of their energy policy’s that directly relate to SME and I&C sector contracts. A little disappointing that they haven’t directly addressed the SME market at all.

If you would like to find out more about possible implications for your business in specific: Contact us! And do pay our blog a visit for the next policy reviews on Tuesday and Wednesday.

Find the full Lib Dem Manifesto here

About the Author:

Jonathan Reeves