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Ed Davey: "This is a once in a generation transformation of the energy landscape"
Energy minister Ed Davey has unveiled the government's much-trailed Energy Bill, setting out the roadmap for the UK's switch to "a low-carbon economy".
Household energy bills could rise by at least £100 by 2020 to help pay for the switch to "clean" energy.
Energy companies will be allowed to increase the amount they levy consumers from £3bn a year to £7.6bn.
Mr Davey said that energy efficiency would be "front and centre" of government policy.
He added that the proposals would amount to the "biggest transformation of Britain's electricity market".
The Energy Bill aims to move the UK's energy production from a dependence on fossil fuels to a more diverse mix of energy sources, such as wind, nuclear and biomass.
But in a statement published alongside the Bill, Mr Davey said that energy-intensive industries would be exempt from additional costs arising from financial measures designed to encourage investment in new low-carbon production.
"Decarbonisation should not mean deindustrialisation", Mr Davey said.
"The transition to the low carbon economy will depend on products made by energy intensive industries - a wind turbine for example needing steel, cement and high-tech textiles.
"This exemption will ensure the UK retains the industrial capacity to support a low carbon economy."
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