According to manufacturers, the perceived quality of core networks, such as roads and energy supply, has declined over the last two years.
In EEF’s 2017 Infrastructure Appraisal, manufacturers called for the government to “crack on in the coming months” and deliver a roadmap to minimising business energy costs. Energy price concerns were credited as being the reason the quality of provision for energy supply has been perceived to have deteriorated. EEF said that while there has been progress in the delivery of low-carbon energy supplies, the majority of manufacturers rate the UK as “poor or very poor” for energy costs.
Moving forward, manufacturers called for the delivery of annual energy policy statements jointly between government, Ofgem and National Grid to transparently set out policy intentions and their cumulative impact on bills. They also called for a reduction in UK energy price disparity. To do this would involve setting out metrics to monitor the competitiveness of UK industrial energy supplies for various types of user against competitor countries.
Other recommendations included delivering technology-neutral auctions for low-carbon technologies, and allowing industrial energy consumers a greater say in market reforms that could impact energy pricing or their ability to take advantage of current and emerging energy technologies.