Posts Tagged ‘Secretary of State’

Electricity Market Reform Explained

Wednesday, May 27th, 2015

Electricity Market Reform (EMR) is the Government’s response to the three main issues facing the UK energy market in the future – reducing carbon emissions in the generation of electricity, securing constant supply, and minimising the price paid by the consumer.

EMR was introduced by the Energy Act 2013 and will see the introduction of two new reforms to the energy market, the Contracts for Difference (CfD) and Capacity Market, from the end of 2014.

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