The Chancellor has rejected calls from across manufacturing industry to reinstate the tax incentive for highly efficient combined heat and power (CHP) technology. The decision will leave many businesses with no alternative but to switch off their plant when the change comes in to effect in 2013. 130,000 manufacturing jobs today depend on CHP to provide reliable, low-carbon energy.
John Sauven, Executive Director of Greenpeace, has written to Energy Secretary Edward Davey supporting the use of CHP in industry and highlighting threats to the viability of the sector in the upcoming Budget.
New report launched by the Combined Heat and Power Association