electricity market reform
The Government’s plans for Electricity Market Reform (EMR) aims to ensure the UK will be able to meet its energy needs in the decades ahead.
With a fifth of the UK’s generating capacity shutting down over the next ten years as old coal and nuclear power stations close, more than £110bn in investment is needed to build the equivalent of 20 large power stations and upgrade the grid.
The Energy Bill puts in place the legislative framework necessary for the Electricity Market Reform project along with a few other measures (such as formalising nuclear regulation). It contains provisions to implement Contracts for Difference, Investment Instruments, a Capacity Market and an Emissions Performance standard.
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latest policy updates
To keep up to date on the latest Electricity Market Reform news and policy updates visit our EMR news archive.> See the policy updates archive on EMR