Investor confidence will be shored up by the latest update on plans for the electricity market shake-up say energy industry experts. Yesterday, Energy Secretary Chris Huhne revealed more detail on work to enable investment decisions for early projects in the EMR. David Porter, chief executive of the Association of Electricity Producers cautiously hailed the news […]
The Chancellor’s £250m compensation package for energy intensive industries reveals “serious tension” in energy policy, according to David Porter, chief executive of the Association of Electricity Producers (AEP). On Tuesday George Osborne announced the funding in the Treasury’s Autumn Statement. The AEP welcomed the news but warned wider problems with energy policy still existed. Mr […]
David Porter, the chief executive of the Association of Electricity Producers (AEP) has defended UK power stations, after an EU report released today lumped several of them in with a group of air polluters that together cost EU citizens billions of euros. Among the UK power stations featured on the European Environment Agency’s list of […]
How will the industry react to the EMR white paper?
A group representing electricity producers in the UK has warned regulator Ofgem that changing generation charges will damage investor confidence in the market. Ofgem has proposed to charge all distribution network users the same amount, despite agreements power companies and network operators had before 2005 in which contracts decided no extra costs would be charged. […]
The chief executive of the Association of Electricity Producers has expressed concern at the elevated emissions targets and call for an electricity overhaul contained in today’s carbon budget from the Committee on Climate Change. David Porter said the money to fund the changes needed to meet the CCC’s target of 60% by 2030 was not […]
The government should push ahead with emissions performance standards limiting the amount of carbon dioxide produced by UK power stations. That’s the verdict of a report published today by the Energy and Climate Change Committee, which slams the existing policy framework as “grossly inadequate”. The report states that an EPS offers “a more certain and […]
The Association of Electricity Producers has said that if the government gets right its Budget plans for energy it will create “huge opportunities”, but if it fails “there could be serious consequences”. The association’s chief executive David Porter said: “The government recognises that the industry will have to spend £200bn in the next decade to […]