Energy and Environment

Top-down energy policy undermines British competitiveness

Andy Mayer quoted in The Times

IEA Chief Operating Officer and Energy Analyst Andy Mayer has been quoted in The Times’ coverage of the failure of Britishvolt.

Andy argued that Britishvolt was predicated on two inaccurate assumptions:

“that the UK’s past success in making cars must be continued and that heavy batteries must be made close to car plants to reduce their cost and impact”.

He also argued that Britain’s green technology market is plagued by state interventions which “create an investment climate where no one will act without the promise of support”.

The full article can be read here.