© The Financial Times Ltd 2014 FT and 'Financial Times' are trademarks of The Financial Times Ltd.
It’s the big day. Finally we see what the UK government’s spending plans are going to look like over the next four years. But what will George Osborne’s announcement mean for the energy industry? We asked a group of experts, industry insiders and campaigners to give us their view on the main things they want to hear from the chancellor. Here’s what they said:
I wrote below about whether the industry would get what it wanted from Chris Huhne, the energy secretary, in his speech to the Liberal Democrats today. Now his brief but initiative-packed speech is over, did they get what they wanted?
Roger Salomone, energy adviser at EEF, wanted to see reassurances over nuclear power. This is what Huhne said:
I’m fed up with the stand-off between renewable and nuclear which means we have neither – we will have both. We will have low-carbon energy, and security of supply.
And EEF’s reaction:
Given the audience that was a reassuring message on nuclear power from our perspective. He linked nuclear power to some positive things, like energy security and tackling climate change.
Chris Huhne, the UK energy secretary, stands up to speak to the Liberal Democrat party conference this afternoon. But his audience stretches far beyond a convention centre in Liverpool. The energy industry will be watching, and here is what they want to hear:
Roger Salomone, energy adviser at EEF, the manufacturers association – Nuclear power
A strong reassurance that the coalition is going to push the role of nuclear power and build the right kind of business environment for that. If he demonstrated his commitment to nuclear in front of the Lib Dems, who are the most hostile, that would be a very strong signal.
NB – Salomone’s point about resistance from within the party is going to become clear today in a speech by Simon Hughes, the deputy leader, who will urge Huhne to oppose nuclear power, as my colleague Jim Pickard wites here.