New energy infrastructure investment to fuel recovery

New details of reforms vital to keeping the lights on and emissions and bills down

Government action to unlock up to £110 billion energy infrastructure investment and support up to 250,000 jobs by 2020
Capacity Market to be initiated in 2014 to bring on gas and other flexible electricity supply to meet future demand and reduce risks to security of supply from winter 2018
Renewable Strike Prices to help renewables contribute more than 30% of total power by 2020
Full press release and documents are available on GOV.UK

Estimates of shale gas resource in North of England published, alongside a package of community benefits

Findings from the British Geological Survey into the potential volume of shale gas in the Bowland Basin and beyond

The Government has today announced findings from the first independent study conducted by the British Geological Survey, of the potential volume of shale gas in the Bowland Basin and beyond, which covers 11 counties in the North of England.

The full press release and documents are available on GOV.UK

The energy security challenge

Speech by Edward Davey, Secretary of State for Energy and Climate Change to the Economist UK Energy Conference:

“It’s a great pleasure to be with you here this morning.

“This summit is taking place at a crucial moment because the Government has embarked on the most radical overhaul of the United Kingdom’s energy infrastructure and markets since the 1980s and privatisation.

“A radical transformation that is not optional, but necessary.

“Necessary to meet the three objectives of our energy policy…”

The full speech is available on GOV.UK