Few surprises in Draft Energy Bill – for now

Energy Secretary Ed Davey today unveiled the draft Energy Bill today as part of plans to “keep the lights on, bills down and the air clean”. The draft legislation will now be closely looked over in Parliament under pre-legislative scrutiny – and it appears to hold few surprises. Confirmed in the Queen’s Speech earlier this […]

Hendry: Energy Bill is due “within the next few days”

Speaking to Parliament Energy Minister Charles Hendry has confirmed the Energy Bill, announced recently in the Queen’s Speech, will be published “within the next few days.” Tim Yeo, Chair of the Energy and Climate Change Select Committee, challenged the Energy Minister that without imminent legislation UK nuclear had “no prospect.” Charles Hendry said: “I can […]

Business will wait until energy sector has clear legislation

The Government must ensure it rolls out energy market reform on schedule if it is to give businesses the certainty to invest in new low carbon technology. These were the words of National Grid’s Chief Executive Steve Holiday speaking today to the BBC. Questions have been asked of the UK’s energy security after German firms […]

De Rivaz: UK policy shows commitment

The UK’s legislative plans for the energy sector have been met with praise by EDF Energy’s Chief Executive. Vincent de Rivaz said the energy bill “did not disappoint.” The bill aims to reform the electricity market by encouraging more investment in low carbon generation. The bill will also restrict the emissions power plants produce meaning low […]

Market reform needs to factor in home energy storage

The electricity market reform (EMR) package confirmed in the Queen’s Speech should support the potential for homeowners to have their own energy storage, according to ‘smart’ home firms. To avoid hitting consumers with bigger costs after the shake-up of the way electricity is sold and transferred, the head of a home energy management firm said […]

Look beyond Queen’s Speech on renewables, urges trade body

The Queen’s Speech has given a welcome signal for renewables but the UK needs to plan even further ahead to guarantee jobs and low carbon energy generation. That’s according to trade body RenewableUK, which says it is is pleased the Feed-in Tariff with Contracts for Difference was confirmed as the mechanism to support renewables in […]

Queen’s Speech climate snub is “deeply worrying”

The Queen’s Speech has been dubbed “deeply worrying” by Caroline Lucas, leader of the Green Party. Today the Queen confirmed the Energy Bill will be set before Parliament soon. DECC said the Bill will be put forward in a draft form within a few weeks and will include the long-awaited Electricity Market Reform. But the […]

Business clamours for detail on EMR after Queen’s Speech

Businesses are clamouring for more detail on the Electricity Market Reform after it was confirmed in the Queen’s Speech today. Referring to the Energy Bill in her speech this morning, the UK’s head of state said the Government “will propose reform of the electricity market to deliver secure, clean and affordable electricity and ensure prices […]

Green Investment Bank and EMR get Queen’s approval

Anticipated reforms to the electricity market were given the go ahead in the Queen’s Speech this morning. Recent reports had suggested changes to the energy markets had slipped down the agenda. However, the Queen confirmed legislation would introduce the Green Investment Bank and added: “My Government will propose reform of the Electricity Market to deliver […]

Hopes that Energy Bill is “priority” in Queen’s Speech

The chair of the Parliament’s energy policy ‘watchdog’ hopes the Energy Bill will feature prominently in the Queen’s Speech tomorrow. But this could be a challenge if the Department for Energy and Climate Change doesn’t exercise more “muscle” when it comes to dealing with other departments on Government, suggested MP Tim Yeo, chair of the energy […]