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Industry experts have criticised the government for failing to announce in today鈥檚 Budget the long-awaited 鈥渟trike price鈥� that will guarantee the price of electricity generated from power stations.

the government held frantic last minute talks with French utility firm EDF in the hope of unveiling a deal over the 鈥渟trike price鈥� to enable a financial package to be announced for a 拢10bn nuclear power station at Hinkley Point.

But news on the strike price was absent in Chancellor George Osbrone鈥檚 Budget announcement today.

Scot Parkhurst, power sector director at WSP in the UK, said the lack of clarity would impact 鈥渆nergy projects across the board鈥�.

He said: 鈥淣othing can progress without an agreement on strike price.

鈥淲ithout this certainty we are no further along really and this goes for energy projects across the board -there are dozens of projects that have been stalled until there is a guarantee on pricing.

鈥淭he agreed strike price with EDF is doubly important because it will set a precedent for other price agreements in the future.鈥�

The Budget also failed to outline any further major infrastructure schemes to be underwritten through the government鈥檚 UK Guarantees scheme, confirming only that Treasury had approved a guarantee of up to 拢75m to help raise finance for the partial conversion of the Drax coal-fired power.

This scheme and the extension of the Northern Line to Battersea power station had already been confirmed by Treasury.

Full reaction to the 2013 Budget .