Capacity markets, long-term power purchase agreements, carbon pricing, and standards ... the European Energy Review site has an article by Jonathan Lane how detailing the issues surrounding the UK's approach to each of these current issues in it's energy bill.
The UK's far-reaching energy plan: not perfect, but the only realistic road to decarbonisation:
"The most controversial part of the UK government's latest draft energy bill, released in May 2012 and expected to be passed into law in the second half of 2012, are undoubtedly the measures known as the Electricity Market Reform (EMR). There are four major parts to the EMR:Continue Reading at the European Energy Review site:
1. A contracts-for-difference (CfD) scheme aimed at supporting investment in low carbon generation;
2. A capacity market where generators will be paid for having capacity available as well as generating electricity;
3. A carbon price floor ; and
4. An emissions performance standard (EPS) which will cap the carbon emissions of any new electric generation plant to be built in the UK"
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