Budget 2016 didn’t do enough to encourage manufacturers to invest in more energy-efficient technologies, warns leading global power management company, Eaton.
With the UK facing an estimated 40-55% electricity supply gap as a result of ageing coal-fired power stations coming offline, Eaton had hoped the Chancellor would use the Budget as an opportunity to encourage industry to reduce its energy use. It had specifically called for an extension to the existing Enhanced Capital Allowance scheme that…
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