22 May '12, 10am

Draft Energy Bill published Electricity Market Reform unveiled #energybill

Electricity Market Reform (EMR) took another step forward on 22 May with the publication of the draft Energy Bill . The draft Bill includes measures necessary to reform the electricity market to deliver secure, clean and affordable electricity: At the heart of the EMR measures are Feed-in-Tariffs with Contracts for Difference (CfDs) - long-term instruments that provide stable and predictable incentives for companies to invest in low-carbon generation; Final Investment Decisions (FIDs) will enable some of this investment to come forward in advance of the CfD regime coming into force; This will be complemented by a Capacity Market that will, if required, provide security of electricity supply by ensuring sufficient reliable capacity is available; Measures relating to Conflicts of Interest and Contingency Arrangements will ensure that the institution which will deliver these ...

Full article: http://www.decc.gov.uk/en/content/cms/meeting_energy/mark...

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Draft Energy Bill published Electricity Market ...

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