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 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 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 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 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 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 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 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 Renewable Energy Sources and Climate Change Mitigation written by Ottmar Edenhofer and published by Cambridge University Press. This book was released on 2011-11-21 with total page 1088 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Intergovernmental Panel on Climate Change Special Report (IPCC-SRREN) assesses the potential role of renewable energy in the mitigation of climate change. It covers the six most important renewable energy sources - bioenergy, solar, geothermal, hydropower, ocean and wind energy - as well as their integration into present and future energy systems. It considers the environmental and social consequences associated with the deployment of these technologies, and presents strategies to overcome technical as well as non-technical obstacles to their application and diffusion. SRREN brings a broad spectrum of technology-specific experts together with scientists studying energy systems as a whole. Prepared following strict IPCC procedures, it presents an impartial assessment of the current state of knowledge: it is policy relevant but not policy prescriptive. SRREN is an invaluable assessment of the potential role of renewable energy for the mitigation of climate change for policymakers, the private sector, and academic researchers.

Download or read book HC 830 Fuelling the Debate Committee Successes and Future Challenges written by Great Britain. Parliament. House of Commons. Energy and Climate Change Committee and published by The Stationery Office. This book was released on 2015 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Climate Change Act 2008 committed the UK to reduce its greenhouse gas emissions by at least 80 percent by 2050. The 2010-2015 Parliament has been a defining period for energy and climate change policy. Three Energy Acts set the policy framework to help the UK achieve its goal. Each Act was designed to support new forms of energy generation, promote energy efficiency and protect consumers. These ambitious pieces of legislation have set the benchmark against which the progress towards providing a secure, clean and affordable energy supply will be judged. The Energy and Climate Change Committee plays a central role in scrutinising and improving the Government's policy and legislation. In section two of this report, the Committee provides a quantitative overview of the work it has undertaken in this Parliament. In section three, the Committee looks in more detail at three case studies - electricity market reform, competition in the energy market and shale gas - each of which highlights the key role the Committee has played in holding the Government to account and improving policy and legislation. Finally, in section four the Committee sets out our future vision for the UK energy system, based on the views and evidence provided by the wide range of stakeholders that it works with. The Committee also explores the challenges which will need to be overcome in the next Parliament if the UK is to achieve its ambitious long-term climate and energy goals.

Download or read book HC 665 Smart Meters Progress or Delay written by Great Britain. Parliament. House of Commons. Energy and Climate Change Committee and published by The Stationery Office. This book was released on 2015 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smart meters, which allow energy suppliers to get remote electricity and gas readings from households and businesses using mobile phone-type signals and wireless technologies, should benefit customers through savings from energy usage and efficiency. In 2013 we first looked at the Government's programme to roll-out smart meters to 100% of UK homes and businesses by 2020. This inquiry reviewed the progress of the roll-out and we have been disappointed by the ongoing policy delivery challenges which the Government has failed to resolve: (i) Technical communication problems with multiple occupancy and tall buildings which should have been resolved by now; (ii) Compatibility problems between different suppliers and different meters; (iii) A slow start to full engagement with the public on meter installation and long-term use; (iv) A delay by the Government-appointed communications infrastructure company which has further set back confidence in the programme; (iv) A reluctance to improve transparency by publishing the Major Project Authority's assessments on the smart meter programme.

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 Competitive Electricity Markets written by Fereidoon Sioshansi and published by Elsevier. This book was released on 2011-10-10 with total page 625 pages. Available in PDF, EPUB and Kindle. Book excerpt: After 2 decades, policymakers and regulators agree that electricity market reform, liberalization and privatization remains partly art. Moreover, the international experience suggests that in nearly all cases, initial market reform leads to unintended consequences or introduces new risks, which must be addressed in subsequent “reform of the reforms. Competitive Electricity Markets describes the evolution of the market reform process including a number of challenging issues such as infrastructure investment, resource adequacy, capacity and demand participation, market power, distributed generation, renewable energy and global climate change. Sequel to Electricity Market Reform: An International Perspective in the same series published in 2006 Contributions from renowned scholars and practitioners on significant electricity market design and implementation issues Covers timely topics on the evolution of electricity market liberalization worldwide

Download or read book House of Commons Energy and Climate Change Committee Local Energy HC 180 written by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee and published by The Stationery Office. This book was released on 2013-08-06 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government provides support to households who install small-scale renewable energy systems through Feed-in Tariffs (FiT), while large scale projects like off-shore wind farms will soon be supported through new fixed-price Contracts for Difference (CfDs). Medium sized energy projects of between 10 - 50 Megawatts (MW) currently fall in the gap and do not receive support. Giving communities a stake in local energy projects has the potential to broaden public understanding of energy issues and could also enhance the security and efficiency of the energy system as a whole. This report identifies a number of barriers that can prevent local energy projects getting off the ground. Securing funding and Power Purchase Agreements, connecting to the grid and overcoming public opposition can all prove difficult. Obtaining planning permission can be costly and time-consuming, and the risk of losing tens of thousands of pounds if permission is not granted is a huge obstacle for community groups or small cooperatives. Some form of support mechanism is needed alongside a comprehensive package of measures addressing finance, planning, grid access and advice. The Green Investment Bank could provide seed funding and project development funding for feasibility studies, grid permits, etc to reduce some of the risk in getting projects through the planning process. Government needs to do more to encourage local authorities to identify suitable areas for renewable energy development and to develop clear guidance about what is expected from local energy projects. National level planning guidance should be provided on technical issues that hold up planning consent for wind turbines and other low-carbon technologies

Download or read book Draft Energy Bill written by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee and published by The Stationery Office. This book was released on 2012-07-23 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Additional written evidence is contained in Volume 3, available on the Committee website at www.parliament.uk/ecc

Download or read book Meeting the energy challenge written by Great Britain: Department for Business, Enterprise & Regulatory Reform and published by The Stationery Office. This book was released on 2008-01-10 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: The May 2007 White Paper "Meeting the energy challenge: a white paper on energy" (Cm. 7124, ISBN 9780101712422) set out the Government's international and domestic strategy to address the two main challenges: tackling climate change by reducing carbon dioxide emissions; and ensuring clean and affordable energy as the country becomes increasingly dependent on imported fuel. An online consultation on nuclear power and the role of the private sector: www.direct.gov.uk/nuclearpower2007 was produced at the same time. This White Paper sets out the Government's decision taken in response to the consultation. The Government believes it is in the public interest that new nuclear power stations should have a role to play in the country's future energy mix alongside other low-carbon sources; that energy companies should have the option of investing in them; and that the Government should take active steps to open up the way to the construction of new nuclear power stations. It will be for the energy companies to fund, develop and build the new stations, including meeting the full costs of decommissioning and their full share of waste management costs. Section 1 summarises the consultation process. Section 2 addresses the key issues that arose from the consultation and how they have been taken into account in shaping policy and reaching conclusions. Section 3 outlines the facilitative actions the Government will take to reduce the regulatory and planning risks associated with investing in new nuclear power stations. Finally there are three annexes: alternatives to nuclear power; justification and strategic siting assessment processes; regulatory and advisory structure for nuclear power.

Download or read book Managing Climate Risk in the U S Financial System written by Leonardo Martinez-Diaz and published by U.S. Commodity Futures Trading Commission . This book was released on 2020-09-09 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742