15 Dec '11, 10am

Electricity Market Reform technical update and capacity mechanism IA published today,

Reforms to the UK’s electricity market to drive low carbon investment and boost energy security took another step forward today with the announcement of key decisions to help shape the future energy landscape. Energy and Climate Change Secretary Chris Huhne said: “Today marks a milestone in delivering the reforms we need to move to a low carbon economy while keeping the lights on and costs for consumers down. “The UK faces a huge energy investment challenge over the coming years, with a fifth of our generating capacity coming to the end of its working life and electricity demand set to double. “We want to give certainty to investors to develop the mix of clean energy sources that will power the UK in the years to come.” Following publication of the Government’s Electricity Market Reform White Paper in July, the Technical Update published today sets out: the Government’s de...

Full article: http://www.decc.gov.uk/en/content/cms/news/pn11_111/pn11_...

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