Ed Davey sets out measures to provide certainty to #gas investors

Davey sets out measures to provide certainty to gas investors

decc.gov.uk 17 Mar '12, 12am

Ed Davey sets out measures to provide certainty to #gas investors

Electricity generated from gas still has an important role to play over the coming decades as we transition to a low carbon economy, alongside renewables and new nuclear, Edward Davey said today. The Energy and Climate Change Secretary set out measures to be included in the intended Electricity Market Reform legislation to provide certainty to gas investors: The level of the Emissions Performance Standard, designed to limit the emissions from individual plant, will be enshrined in primary legislation. Power stations consented under the 450g/kWh-based level would then be subject to that level until 2045, a process called ‘grandfathering’ which provides long-term certainty to gas investors. The Capacity Market will be designed to bring forward sufficient investment in new reliable capacity, including gas, in order to ensure security of electricity supply. This will help to e...

Full article: http://www.decc.gov.uk/en/content/cms/news/pn12_025/pn12_...

Tweets

@seowaresolution » 28 Mar '12, 11am
RT @askbas: #Davey Sets Out measures to Provide certainty to #gas Investors [link]
@PVMill » 19 Mar '12, 2pm
It appears that the gov has bought the case for gas following pressure from Treasury, PX, Right wing press [link]
@EcoBasingstoke » 19 Mar '12, 1pm
Oh Dear "Greenest Gov't Ever" sneaks out press release allowing power stations to pollute as usual until 2045! [link]
@BreviaEnergy » 19 Mar '12, 10am
Here's a link to DECC's press release setting out Electricity Market Reform measures to give certainty to gas investors [link]
@EEF_environment » 19 Mar '12, 9am
Ed Davey “gas has an important role to play”&“it’s not possible to fill the gap entirely with low carbon alternatives…”[link]
@3drm » 18 Mar '12, 1pm
RT @ViridianSolar: "Davey sets out measures to provide certainty to gas investors" [link] -Let's hope RHI 2 does same for solar thermal and soon!
@ChairmanAl » 18 Mar '12, 12pm
#Davey sets out measures to provide certainty to #gas investors [link] glad to be rid of Chris Huhne! #energy #commonsense
@ViridianSolar » 18 Mar '12, 11am
"Davey sets out measures to provide certainty to gas investors" [link] -Let's hope RHI 2 does same for solar thermal and soon!
@ChorltonRefurb » 18 Mar '12, 12am
Davey sets out measures to provide certainty to gas investors: Electricity generated from gas still h... [link] @Deccgovuk
@pvpanelsprices » 18 Mar '12, 12am
#solarpanels Davey sets out measures to provide certainty to gas investors: Electricity gen... [link] [link]
@ihudaya » 18 Mar '12, 12am
Davey sets out measures to provide certainty to gas investors: Electricity generated from gas still has an impor... [link]
@HGroenenberg » 17 Mar '12, 6pm
Emission Performance Standard for new power plants UK: 450 gCO2/kWh to safeguard investments in gas. [link] via @Vision23
@JessicaLennard » 17 Mar '12, 1pm
Davey/Osborne gas alliance spells trouble ahead for green policy. Come back Chris, all is forgiven! [link]
@Vision23 » 17 Mar '12, 10am
UK introduceert Emission Performance Standard (EPS) voor nieuwe elektriciteitscentrales van 450 gram CO2/kWh [link]
@ruthdavis27 » 17 Mar '12, 8am
So much for #libdem green credentials. #EdDavey shows just how much more he cares about the gas lobby than the climate [link]
@ruthdavis27 » 17 Mar '12, 8am
If best friends #EdDavey and #Osborne get their way gas plants will still be polluting at today's levels in 2045. [link]
@jossgarman » 17 Mar '12, 8am
RT @MartynWilliams2: @DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]” <Certainty we'll miss CO2 tgts more like
@MartynWilliams2 » 17 Mar '12, 8am
Ed Davey sets out measures to provide certainty to #gas investors [link] @DECCgovuk <more "buries" than "sets out" @johnbercow
@MartynWilliams2 » 17 Mar '12, 8am
@DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]” <Certainty we'll miss CO2 tgts more like
@James_Samworth » 17 Mar '12, 7am
RT @jossgarman: “@DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]” < trying to bury - released at midnight
@jossgarman » 17 Mar '12, 7am
“@DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]” < trying to bury - released at midnight
@benstewart999 » 17 Mar '12, 7am
“@DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]” <and crash our carbon targets, right?
@LynsJ » 17 Mar '12, 7am
Ed Davey sets out measures to provide certainty to #gas investors [link] -- DECC (@DECCgovuk)~ hmmmm? Not sure about this :/
@DECCgovuk » 17 Mar '12, 6am
Ed Davey sets out measures to provide certainty to #gas investors [link]
@pauldezylva » 17 Mar '12, 12am
#UKGov #Energy Sec #EdDavey gives certainty to gas investors by giving uncertainty to the rest of us on #climatechange [link]
@envirobastards » 17 Mar '12, 12am
Very poor start by new UK Energy Minister @eddaveykands ending plans to make gas power stations cut CO2 emissions [link]
@MartynWilliams2 » 17 Mar '12, 12am
RT @RUKjenniferw: The gas statement in full - @Jonathan__Leake bang on [link]
@jennifercwebber » 17 Mar '12, 12am
The gas statement in full - @Jonathan__Leake bang on [link]
@pecten » 17 Mar '12, 11am
RT @DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]
@adamadavidson » 17 Mar '12, 10am
RT @DECCgovuk Ed Davey sets out measures to provide certainty to #gas investors [link]
@TraffordEco » 17 Mar '12, 9am
RT @MartynWilliams2: @DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]” <Certainty we'll miss CO2 tgts more like
@MistralPR » 17 Mar '12, 9am
RT @DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]
@DigitOfTheDay » 17 Mar '12, 8am
RT @DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]
@Chasbery » 17 Mar '12, 8am
RT @MartynWilliams2: @DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]” <Certainty we'll miss CO2 tgts more like
@bridgetmck » 17 Mar '12, 8am
RT @DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]
@welshronald » 17 Mar '12, 7am
RT @DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]
@GSmeeton » 17 Mar '12, 7am
RT @DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]
@CornwallInsight » 17 Mar '12, 7am
RT @DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]
@4seasonsenergy » 17 Mar '12, 7am
RT @DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]
@IEMA_Transform » 17 Mar '12, 7am
RT @DECCgovuk: Ed Davey sets out measures to provide certainty to #gas investors [link]