Download or read book Government Response to the Energy and Climate Change Committee Report on the Implementation of Electricity Market Reform written by Great Britain. Department of Energy and published by . This book was released on 2015 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Government Response to the Energy and Climate Change Committee Report on the Implementation of Electricity Market Reform written by Department of Energy and Climate Change and published by . This book was released on 2015-07-29 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dated June 2015. Government response to the Committee's 8th report, HCP 664, session 2014-15 (ISBN 9780215083760). A TSO version of a title previously published by HM Government.
Download or read book Government Response to the Energy and Climate Change Committee Report on the Implementation of Electricity Market Reform written by Department of Energy and Climate Change and published by . This book was released on 2015-06-25 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dated June 2015. Government response to the Committee's 8th report, HCP 664, session 2014-15 (ISBN 9780215083760). Print and web pdfs available at https://www.gov.uk/government/publications Web ISBN=9781474120906
Download or read book Government Response to the House of Commons Energy and Climate Change Select Committee Report Into the Draft Energy Bill written by Great Britain: Department of Energy and Climate Change and published by The Stationery Office. This book was released on 2012-11-29 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Response to HCP 275-I, session 2012-13 (ISBN 9780215047281). Dated November 2012
Download or read book Implementation of Electricity Market Reform written by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee and published by . This book was released on 2015-03-04 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Department of Energy and Climate Change Electricity market Reform Consultation on Proposals for Implementation Cm 8706 written by Great Britain: Department of Energy and Climate Change and published by The Stationery Office. This book was released on 2013-10-10 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This consultation document seeks views on proposals for implementing the key mechanisms under electricity market reform (EMR) - the Contracts for Difference (CfDs), the Capacity Market, and associated institutional and delivery arrangements. A package of draft secondary legislation is included to help illustrate the proposals. EMR is the Government's response to the challenges facing the electricity sector: a fifth of 2011 capacity has to close over the next ten years; the need to transform the generation mix to respond to climate change and to meet legally-binding carbon and renewable targets; the expectation that electricity demand will continue to increase over the coming decades. An estimated £110 billion investment is required over the next 10 years. CfDs will provide long-term revenue stabilisation to low-carbon plant, allowing investment to come forward at a lower cost of capital. The Capacity Market will provide a regular retainer payment to reliable forms of capacity (both demand and supply side), in return for such capacity being available when electricity supply is being squeezed. The National Grid will be the delivery body for EMR. The key mechanisms will be supported by: carbon price floor, a tax underpinning the price of carbon emissions in the UK; emissions performance standard, a regulatory backstop to the amount of CO2 emissions from new fossil-fuel power stations; action to promote electricity demand reduction; Ofgem's measures to improve wholesale market liquidity. The Energy Bill currently progressing through Parliament will introduce the powers to implement EMR.
Download or read book Electricity market reform written by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee and published by The Stationery Office. This book was released on 2011-05-16 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over one hundred billion pounds of investment is needed by 2020 to replace the UK's aging power stations, cut carbon emissions and maintain energy security. Government proposals for Electricity Market Reform (EMR) are supposed to encourage power companies to deliver clean affordable energy. But the Energy and Climate Change Committee is concerned that the current proposals are over-complex and could fail to attract the £110 billion investment needed in electricity generation alone by 2020. It is calling on the Government to simplify its package of reforms to provide a more certain framework for investors. The starting point for EMR should be a clearly defined objective to reduce the carbon intensity of electricity generation in the UK to 50g of CO2 per kilowatt hour (KWh) by 2030. The wholesale market should be fundamentally reformed to break up the dominance of the Big Six energy companies, in order to allow new entrants to invest in the UK and improve the liquidity of the market. The long term contracts designed to encourage low carbon energy sources - known as Feed-in-Tariffs with Contracts for Difference - will work for nuclear, but different types of contract are needed for renewables and other clean technologies. The Carbon Price Support is a necessary short term solution to weaknesses in the EU Emission Trading System, but will increase costs for consumers and could provide a windfall for nuclear and renewables generators. The MPs also call on the Government to be clear about the effect that reforms will have on energy bills.
Download or read book Electricity Market Reform written by Great Britain: Department of Energy and Climate Change and published by The Stationery Office. This book was released on 2012-11-29 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government has three objectives for energy policy - to keep the lights on, to keep energy bills affordable, and to decarbonise energy generation. Simultaneous to the publication of this policy paper the Government is introducing the Energy Bill (HC Bill 100 2012-13, ISBN 9780215050151) into Parliament to implement the key aspects of Electricity Market Reform (EMR) as well as making a wider range of reforms. The Government set out its intentions in the EMR white paper issued in July 2011 (available at http://www.decc.gov.uk/en/content/cms/legislation/white_papers/emr_wp_2011/emr_wp_2011.aspx). The Bill will drive the £110 billion of investment needed in the electricity sector by 2020, to ensure reliable, diverse and low-carbon power. With a fifth of the UK's electricity generating capacity due to close this decade these reforms are vital. Also publishing simultaneously is Electricity demand reduction consultation document (Cm. 8468, ISBN 9780101846820); Electricity demand reduction consultation summary document (Cm. 8492, ISBN 9780101849227); Annual energy statement 2012 (Cm. 8456, ISBN 9780101845625); Energy security strategy (Cm 8466, ISBN 9780101846622); and Statutory security of supply report (HC 688, session 2012-13 ISBN 9780102980691)
Download or read book Electricity Market Reform written by Great Britain: Department of Energy and Climate Change and published by The Stationery Office. This book was released on 2010-12-16 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the coming decades we face major new challenges which require careful but far-reaching reform. Demand for electricity demand may need to double by 2050; there is a need to replace a quarter of our existing capacity by 2020; a need for power sector emissions to be decarbonised; and a need to meet the legally binding EU target for renewable energy. We also need to allow equal access to the electricity market for a wider range of technologies. The Government is now consulting on a package of options for the reform of the electricity market. The proposals are specifically designed to ensure that low-carbon technologies become a more attractive choice for investors, and adequately reward back up capacity. The proposals are four-fold: carbon price support; feed-in tariffs with long-term contracts; capacity payments; and an emissions performance standard. The consultation will run until 10th March 2011
Download or read book Electricity Markets written by United States. Government Accountability Office and published by . This book was released on 2004 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Electricity Market Reform written by Great Britain. Parliament. House of Commons. Energy and Climate Change Committee and published by . This book was released on 2011-07-26 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government response to HC 742, session 2010-112 (ISBN 9780215559524)
Download or read book HM Government Government Response to the Fifth Annual Progress Report of the Committee on Climate Change Meeting the Carbon Budgets 2013 Progress Report to Parliament written by Great Britain: Department of Energy and Climate Change and published by The Stationery Office. This book was released on 2013-10-10 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Response to the 5th Progress Report - Meeting Carbon Budgets - http://www.theccc.org.uk/publication/2013-progress-report/
Download or read book The Government response to parliamentary scrutiny of the revised draft national policy statements for energy infrastructure written by Great Britain: Department of Energy and Climate Change and published by The Stationery Office. This book was released on 2011-06-23 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: In November 2009 the previous Government published six draft energy NPSs and associated documents for public consultation and Parliamentary scrutiny. In the House of Commons, the previous Energy and Climate Change (ECC) Select Committee scrutinised the draft energy NPSs and published a report (HC 231-I, session 2009-10, ISBN 9780215545237) of itsfindings. This included a recommendation that the draft NPSs should be subject to a debate in the main chamber of the House of Commons. This debate took place on 1st December 2010 on the basis of revised draft NPSs and a number of issues were raised there. This is the Government response to the 18 recommendations made by the Energy and Climate Change Select Committee to the revised NPSs.
Download or read book Government Response to the Fourth Annual Progress Report of the Committee on Climate Change written by Great Britain: Department of Energy and Climate Change and published by The Stationery Office. This book was released on 2012-10-15 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Response to the 4th Progress Report - Meeting Carbon Budgets - http: //hmccc.s3.amazonaws.com/2012 Progress/CCC_Progress Rep 2012_bookmarked_spreads_1.pdf, issued on the 28 June 201
Download or read book Building a Low carbon Economy written by Great Britain. Committee on Climate Change and published by The Stationery Office. This book was released on 2008 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change resulting from CO2 and other greenhouse gas emissions poses a huge threat to human welfare. To contain that threat, the world needs to cut emissions by about 50 per cent by 2050, and to start cutting emissions now. A global agreement to take action is vital. A fair global deal will require the UK to cut emissions by at least 80 per cent below 1990 levels by 2050. In this report, the Committee on Climate Change explains why the UK should aim for an 80 per cent reduction by 2050 and how that is attainable, and then recommends the first three budgets that will define the path to 2022. But the path is attainable at manageable cost, and following it is essential if the UK is to play its fair part in avoiding the far higher costs of harmful climate change. Part 1 of the report addresses the 2050 target. The 80 per cent target should apply to the sum of all sectors of the UK economy, including international aviation and shipping. The costs to the UK from this level of emissions reduction can be made affordable - estimated at between 1-2 per cent of GDP in 2050. In part 2, the Committee sets out the first three carbon budgets covering the period 2008-22, and examines the feasible reductions possible in various sectors: decarbonising the power sector; energy use in buildings and industry; reducing domestic transport emissions; reducing emissions of non-CO2 greenhouse gases; economy wide emissions reductions to meet budgets. The third part of the report examines wider economic and social impacts from budgets including competitiveness, fuel poverty, security of supply, and differences in circumstances between the regions of the UK.
Download or read book Electricity Market Reform Contracts for Difference written by and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Electricity Market Reform written by Great Britain. Parliament House of Commons. Energy and Climate Change Committee and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
