Blog Article

Davey – plan for energy infrastructure increases investor certainty and keeps bills down

Date: 18th July 2013 | By: admin

Investors will receive further certainty today of how the government will support investment in new energy infrastructure through the Energy Bill, in order to keep the lights on and bills and emissions down.

The draft Electricity Market Reform Delivery Plan, published today for consultation, provides detail on the support mechanism (long-term Contracts for Difference) and draft strike prices for renewables investors, which together will help incentivise up to £110 billion of investment in new electricity infrastructure by 2020.

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