The Energy and Climate Change Committee (ECCC) announced on 24 November 2010 its intention to examine the overall aims of the Electricity Market Reform (EMR) project. The aim of the EMR is to carry-out a fundamental overhaul of electricity market arrangements to help to promote investment in all energy infrastructures, but with a particular focus on facilitating low-carbon generation. This includes:
· Proposals to implement a carbon floor price and this would promote greater energy generation from low-carbon sources such as solar and reduce the risks for investors.
· Examining FiT’s to see if they should be focused on particular technologies or maintain a wider technology base. A focus will almost certainly be on wind and solar which may further benefit the solar market.
Green Alliance
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