| Britain introduced its electricity market reform proposals to Parliament on Tuesday, a crucial legislative step to push through new rules to reduce carbon emissions, keep the lights on and shelter consumers from extortionate bills.
Secretary of State for Energy and Climate Change, Edward Davey, on Tuesday confirmed the new power market mechanisms the government had outlined late last year, such as guaranteeing a minimum electricity price to producers of low-carbon energy, including nuclear, and creating a back-up capacity system to complement intermittent renewable energy...............................................Full Article: Source
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