12 Jul '11, 3pm

Electricity Market Reform White Paper

Planning our electric future: a White Paper for secure, affordable and low-carbon electricity With a quarter of the UK’s generating capacity shutting down over the next ten years as old coal and nuclear power stations close, more than £110bn in investment is needed to build the equivalent of 20 large power stations and upgrade the grid. In the longer term, by 2050, electricity demand is set to double, as we shift more transport and heating onto the electricity grid. Business as usual is therefore not an option. Responding to these challenges, on 12 July 2011 the Government published ‘Planning our electric future: a White Paper for secure, affordable and low-carbon electricity’. The White Paper sets out key measures to attract investment, reduce the impact on consumer bills, and create a secure mix of electricity sources including gas, new nuclear, renewables, and carbon ca...

Full article: http://www.decc.gov.uk/en/content/cms/legislation/white_p...

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decc.gov.uk 12 Jul '11, 3pm

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