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29 November 2012
- CCSA, NIA and RenewableUK welcome introduction of Bill
- Associations represent over 1000 members and thousands of sector employees
- Potential for nearly 100,000 more direct jobs in the next 15 years
The Carbon Capture and Storage Association, the Nuclear Industry Association and RenewableUK welcomed the introduction of the Energy Bill by the Secretary of State for Energy and Climate Change, Rt Hon Edward Davey MP this morning.
The three Associations, representing over 1,000 corporate members said the government's proposals for reforming the electricity market would help to unlock billions in investment in low carbon generation, enable the UK to meet its energy security and climate change targets , and create thousands of jobs.
Over the next 10-15 years around 95,000 jobs could be created across all three sectors.
The Associations today urged politicians across all parties to work together to ensure the UK delivers its energy and industrial potential to the full.
Keith Parker, Chief Executive of the Nuclear Industry Association said: “The Bill provides much needed investment certainty. A major nuclear new build programme will lead to substantial industrial and employment benefits – including considerable opportunities for the UK nuclear supply chain and a boost for UK manufacturing and construction.”
Jeff Champman, Chief Executive of the Carbon Capture and Storage Associations said: “The publication of this Bill will give a good deal more confidence to those businesses that are developing the UK's first CCS projects and laying the foundation of a world leading industry.”
Maf Smith, Deputy Chief Executive of RenewableUK said: “This Bill is crucial in setting the investment framework for the next 20 years and ensuring that we can build on our current world lead in offshore wind and marine technologies, and guarantee clean domestic power and tens of thousands of green jobs”.