UK ENERGY MARKET REFORM GATHERS MOMENTUM -ENERGY BILL 2012

摘要

It is widely acknowledged that there has been inadequate investment in new generation capacity in the United Kingdom in recent years. The Energy Bill is the government's response. Long-term CfDs should provide a stable investment environment for low-carbon generation, with the proposed capacity market underpinning investment in gas-fired plant but further details are needed (concerning CfD strike prices and capacity market auctions, for example) before investors will be in a position to judge how attractive these reforms will be in practice.