Government energy reforms ‘should be clarified’ The government’s new Electricity Market Reform (EMR) white paper should be clarified to avoid missing out on investors, it has been claimed.

Members of the Confederation of British Industry (CBI) have suggested that the government’s £200 billion investment may not be enough to support a new market for electricity.John Cridland, Director of the CBI, asked for a clear decision by the end of the year to “avoid damaging investor confidence”.”Everyone wants to make our energy infrastructure more secure and sustainable for the future, but businesses cannot be expected to write a blank cheque,” he said.”The government still needs to spell out what it thinks the final bill for all of its electricity market reforms will be.”Mr Cridland did acknowledge that the government’s plans contains “some good measures”, adding that there has been a need for reform in electricity markets for a long time.The government’s reform proposals have caused concern among consumers, as Energy and Climate Change Minister Chris Huhne admitted that energy bill increases were an “inevitable” result of the changes.He said that the average electricity bill will increase by £160, but emphasised that there would be savings to be reaped in the long run.

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