Responding to the energy trilemmaThose currently involved in the UK energy supply sector have to respond to the challenges of the energy trilemma – the need to define and bring about the right balance between environmental (particularly low carbon), security of supply and cost pressures. At Ernst & Young we can help you to respond to these challenges providing assurance, tax, transaction and advisory services that are tailored to your needs. And we don’t just react to changing market conditions, we help shape them. We’ve analysed the issues to understand the impact they have on you and the way you do business. | New report shows power and gas contributes £28 billion to the UK economy Our latest report, Powering the UK, shows the power and gas sector plays, and will continue to play, a significant role in the UK economy. The sector has generated 45,000 new jobs between 2008 and 2010, a trend set to continue with £200 billion of investment needed to upgrade energy assets. Britain well placed to win the global race to create smart grids – but needs to be fast Smart Grid: A race worth winning, a new report by Ernst & Young for SmartGrid GB predicts investment in smart grids could deliver a major economic boost and drive innovation. The report was commissioned by the 23 leading companies who make up SmartGrid GB. Money and technology is not enough – energy needs consumer trust to succeed A key message coming from the recent 'Future of Utilities' series in London, chaired by Tony Ward, Head of Power & Utilities, and Richard Postance, Head of Smart Energy, who delivered insight into 'Turning Risks into Opportunities'. Watch the highlights from Energy Live News. Tomorrow’s generation mix – urgent decisions for utilities planning our energy future The latest issue of Utilities Unbundled explores how utilities are using squeezed capital resources to meet today’s energy mix challenges. How will unconventional gas shake up the sector? How are economic uncertainty and safety concerns affecting nuclear development? And has the wind power industry finally reached the point where it can compete unsubsidized? Ernst & Young continue to lead smart metering debate Senior executives, policy makers, academics and regulators joined the Smart Metering Forum in London on 30 November, led by Ernst & Young, to generate debate which will help shape the future landscape of metering in the UK. |
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NewsContacts
  Tony Ward
Partner, Ernst & Young LLP
Head of Power & Utilities for the UK
+44 [0]121 535 2921
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 Kevin Corcoran
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Kate Lomax
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