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Draft Energy Bill


Draft Energy Bill
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Draft Energy Bill


Draft Energy Bill
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Author : Great Britain: Department of Energy and Climate Change
language : en
Publisher: The Stationery Office
Release Date : 2012-05-22

Draft Energy Bill written by Great Britain: Department of Energy and Climate Change and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-22 with Business & Economics categories.


The Government is committed to moving to a secure, safe, affordable and low-carbon energy system. This will mean achieving its climate change and renewables targets, including a 34 per cent reduction in CO2 emissions by 2020 (relative to 1990); at least an 80 per cent reduction by 2050; and by 2020 ensuring that 15 per cent of energy comes from renewable sources. This transition will require major investment in modern technologies: to renovate buildings; to provide for the electrification of much of our heating, industry and transport; and to move to cleaner power generation. It will also require major changes in the way energy is used by individuals, industry and the public sector. At the core of the Bill is the need to ensure that, as older power plants are taken offline and electricity demand continues to increase, the UK remains able to generate enough energy to meet its needs. The Energy Bill will: implement the electricity market reforms set out in the white paper 'Planning our electric future ... ' (Cm. 8099, ISBN 9780101809924); clarify the role of the regulator, Ofgem; establish an Office for Nuclear Regulation; make changes to the offshore transmission regulatory framework; and make provisions for the potential sale of Government Pipeline and Storage System. This document contains a description of the Bill's aims, the draft Bill and explanatory notes, together with a summary impact assessment.



Draft Energy Bill


Draft Energy Bill
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Author : Great Britain: Parliament: House of Commons: Energy and Climate Change Committee
language : en
Publisher: The Stationery Office
Release Date : 2012-07-23

Draft Energy Bill written by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07-23 with Business & Economics categories.


In the biggest shake-up of the electricity market since privatisation, the Energy Bill will introduce a new system of long-term contracts to give power companies a guaranteed price for the low-carbon electricity they produce. This is intended to reduce the risk of investment in projects with high up-front capital costs, such as nuclear reactors and offshore wind farms. Initial consultation last year led investors to believe that the "Contracts for Difference" (CfD) would be guaranteed by the State - therefore lowering the cost of capital. But the Treasury has apparently intervened to ensure that the contracts are not government guaranteed. The new model for contracts will spread the liability across various energy companies instead; raising concerns that the plans are now too complex and possibly not legally enforceable. The MPs are calling on the Government to use its AAA-credit rating to underwrite the new contracts in order to keep the costs of energy investment down for consumers. The Committee heard that the spending cap set by the Treasury - which limits the green levies that can be passed on to consumers in energy bills - could introduce an "unacceptable" level of risk to companies who are looking to build new wind, solar, wave or tidal power plants, creating uncertainty amongst investors about which projects will receive support. This is already having an impact of investment decisions and could paradoxically push-up energy costs for consumers. The Committee says that the Government must come up with a stronger contract design before the Bill is expected to be introduced to Parliament in the autumn



Draft Energy Bill


Draft Energy Bill
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Author : Great Britain: Parliament: House of Commons: Energy and Climate Change Committee
language : en
Publisher: The Stationery Office
Release Date : 2012-07-23

Draft Energy Bill written by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07-23 with Political Science categories.


Additional written evidence is contained in Volume 3, available on the Committee website at www.parliament.uk/ecc



Energy And Climate Change Committee Scrutiny Of Draft Energy Bill


Energy And Climate Change Committee Scrutiny Of Draft Energy Bill
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Author : E3G.
language : en
Publisher:
Release Date :

Energy And Climate Change Committee Scrutiny Of Draft Energy Bill written by E3G. and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Consultation On Draft Energy Bill And Draft Equality And Regulatory Impact Assessments


Consultation On Draft Energy Bill And Draft Equality And Regulatory Impact Assessments
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Author :
language : en
Publisher:
Release Date : 2002

Consultation On Draft Energy Bill And Draft Equality And Regulatory Impact Assessments written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.




Energy Bill


Energy Bill
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Author :
language : en
Publisher:
Release Date : 2012

Energy Bill written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.




Government Response To The House Of Commons Energy And Climate Change Select Committee Report Into The Draft Energy Bill


Government Response To The House Of Commons Energy And Climate Change Select Committee Report Into The Draft Energy Bill
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Author : Great Britain: Department of Energy and Climate Change
language : en
Publisher: The Stationery Office
Release Date : 2012-11-29

Government Response To The House Of Commons Energy And Climate Change Select Committee Report Into The Draft Energy Bill written by Great Britain: Department of Energy and Climate Change and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-29 with Political Science categories.


Response to HCP 275-I, session 2012-13 (ISBN 9780215047281). Dated November 2012



Legislative Consent Memorandum


Legislative Consent Memorandum
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Author :
language : en
Publisher:
Release Date : 2012

Legislative Consent Memorandum written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Energy industries categories.




Draft Legislation On Energy


Draft Legislation On Energy
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Author : Great Britain: Department For Energy And Climate Change
language : en
Publisher:
Release Date : 2016-02-02

Draft Legislation On Energy written by Great Britain: Department For Energy And Climate Change and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-02 with categories.


The Government is committed to keeping energy bills as low as possible for hardworking families and businesses. A competition focussed energy system is central to achieving this aim. This document sets out the draft legislation which will assist in increasing competition; thereby enabling consumers to get a good deal by keeping prices down and ensuring they are protected. The draft legislation would ensure that Government is able to continue to drive the timely delivery of Smart Meters and ensure consumer protections are in place. The Government has already taken a number of steps to make it quicker and easier for consumers to switching build on this, enabling Ofgem to better coordinate reforms which will expedite and simplify arrangements for customers to switch their gas or electricity supplier.



Electricity Bill


Electricity Bill
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Author : Great Britain. Department of Energy
language : en
Publisher:
Release Date : 1989

Electricity Bill written by Great Britain. Department of Energy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Electric industries categories.