All change... drastic overhaul to the electricity market ahead
Major changes are afoot. The Government's Electricity Market Reform paves the way for the most fundamental reforms to the UK electricity market since liberalisation in the 1990s.
With penalties for fossil fuel and incentives for a plentiful supply of low-carbon generation, the electricity market is poised for radical change.
The consultation on the Electricity Market Reform proposals closes on 10 March 2011. So, what are the proposals and what issues need to be considered? Following its alert issued the day the consultation was published, Wragge & Co's energy specialists have prepared an article in 21 January issue of Utility Week which examines the key issues.
This alert may contain information of general interest about current legal issues, but does not give legal advice.