The government has announced its plans to reform the UK’s energy landscape in what has been billed as the ‘biggest shake-up of the market since privatisation’.
At the heart of yesterday’s white paper is a drive to encourage investment in new low-carbon energy production; a need to bolster the UK’s creaking energy infrastructure; and an attempt to stabilise prices for consumers with a more secure energy future.
To achieve this, the Department of Energy and Climate Change (DECC) has set out four partially overlapping — and, some have argued, overly complex — measures, which take effect in 2013.
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