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ARTICLE · 26 JANUARY 2011

Energy @ Gowlings: January 25, 2011

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In December 2010, the UK Government launched a consultation process concerning proposals to reform the electricity market.

CanadaEnergy and Natural Resources
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Edited by Paul Harricks

Contents

  • U.K. Electricity Market Reforms
  • Ontario Energy Board Clarifies Regulatory Status of Connection Recovery Cost Agreements
  • TCPL Mainline - Time for a Public Review?


U.K. Electricity Market Reforms
By Elsa Garagnon

INTRODUCTION

Background

In December 2010, the UK Government launched a consultation process concerning proposals to reform the electricity market. The Energy Secretary described the proposals as a "seismic shift" – and they are, both politically and economically. The proposals aim to deliver the Government's key energy objectives, namely: security of supply, decarbonisation and affordability. The new market framework aims to make low-carbon investment more attractive, encouraging the cost-effective delivery of secure supplies of low-carbon energy from sources such as renewables, nuclear and fossil power stations equipped with carbon capture and storage (CCS) technology.

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