A delay to the long awaited Energy Bill may not be a bad thing if it means the right legislation is passed. That’s the view of energy insiders after press speculation the bill will be omitted from the Queen’s Speech next Wednesday.
The bill which includes at the heart of it the Electricity Market Reform was scheduled to be heard as part of next Wednesday’s Queen’s Speech at the opening of Parliament’s new session. But it appears the bill is not in a fit state to be put before MPs.
ELN has heard there’s confusion over the capacity payment aspect of the EMR as well as other parts of the bill which has meant DECC officals and ministers are unsure if it is robust enough to be put before Parliament and turned into law.
Commenting on the possible delay Jeremy Nicholson of the Energy Intensive Users Group said: “I’ve not heard much coming out of DECC which is surprising if the bill is near completion, it makes me think there could well be a delay. If its not in a fit state to be legislated on then a delay is justified. I’d be disappointed at the time taken to complete the process but its so important its better to wait and get it right.”
DECC has denied there will be any delay to the bill’s publication.