The correct frontier between the public and private sector is determinable. Natural monopolies – the utilities requiring universal delivery to citizens – should be returned to public ownership and operation or be subjected to significantly more effective regulation. An optimal Social Market frontier must be restored and respected.
- Utilities such as Energy and Water sit uncomfortably in the private sector. As strategic national assets they will be subject to tougher and tighter regulation in order to benefit the consumer.
- Energy policy will be based on a diverse energy mix. Nuclear and Gas power stations will carry the prime energy load but renewables will assume an increasing contribution in future years.
- Tax and other incentives will be maintained as a means of achieving investment in new energy technologies.