Wednesday 02 October 2019
Today, Wednesday 2nd October, the Committee for the Environment & Infrastructure has published a Statement of Intent on the developing Energy Policy for 2020-2050.
The energy market is rapidly changing as a result of many external influences. These include the move to decarbonisation, the adoption of emissions targets and significant reduction in cost of some renewable energy sources. The Committee recognises these changes, and the need for energy resilience, and therefore the importance of establishing a 30 year energy policy in order to provide the necessary direction.
An extensive amount of research has been carried out during 2018-19, as well as targeted consultation with industry, regulatory bodies and other States Committees.
The Statement of Intent explains the findings of this research as well as the Policy Considerations and intended Policy Outcomes of the energy policy.
Further work with industry and the regulator is currently being undertaken to ensure the recommended policy decisions are evidence-based and achievable, and compatible with economic, social and environmental commitments. These discussions, along with all of the research, will inform the policy letter which will be submitted to the States in the first quarter of 2020.
The Statement of Intent, as well as more information on the formulation of the Energy Policy, is available online at www.gov.gg/energy.
