Financial Times FT.com

Industry welcomes pledge for early N-decision

By Rebecca Bream and Fiona Harvey

Published: May 23 2007 21:32 | Last updated: May 23 2007 21:32

There were few surprises in the energy white paper – something the industry was thankful for. Energy companies were pleased about the government’s clear support for nuclear power, and its pledge to make a decision on whether to back new reactors by the end of the year.

There was a warm welcome for changes to the system of government funding for renewable energy that should encourage more investment in offshore wind farms and wave power.

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