22 May '12, 10am

Draft Energy Bill published Electricity Market Reform unveiled #energybill

Contracts for Difference – long-term instruments to provide stable and predictable incentives for companies to invest in low-carbon generation; Investment Instruments – long-term instruments to enable early investment in advance of the CfD regime coming into force; Capacity Market – to ensure the security of electricity supply; Conflicts of Interest and Contingency Arrangements – to ensure the institution which will deliver these schemes is fit for purpose; Renewables Transitional – transition arrangements for investments under the renewables obligation scheme, and Emissions Performance Standard – to limit carbon dioxide emissions from new fossil fuel power stations.

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

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