Wednesday, 13 July 2011

UK Electricity Market Reform

Today is a very important day to the UK energy market, probably the most important since it privatised 20 years ago. The Energy Market Reform White Paper is due to be published and will determine the future of the industry for the next 20 years.

The UK Energy Market Reform white paper is expected to provide fresh details on how the government plans to stimulate investments to the renewable energy sector to help the UK meet the 15% target of electricity generated from renewable sources by 2020. How it plans to reduce the Big Six monopoly and the details of the emissions performance standard to block plans for new unabated coal-fired power plants.

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