CREDS response to the BEIS select committee inquiry on financing energy infrastructure.
This BEIS select committee inquiry called for evidence on potential investment across the energy sector, including power plants, system flexibility, heat decarbonisation and demand reduction.
Summary of our response
This CREDS response argues that investing in energy infrastructure should include implementing policies to reduce energy demand, not just financing in new supply side technologies.
CREDS would like to see the government:
• implement energy demand solutions with at least the same priority as decarbonisation of energy supply,
• consider all the co-benefits of energy demand policies (e.g. health),
• scale-up energy efficiency policies that are shown to have worked; and
• develop long-term plans for innovation in energy demand reduction, flexibility and decarbonisation.