Saturday 29 Jun 2013 @ 08:05
Department of Energy and Climate Change
Department of Energy and Climate Change
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New energy infrastructure investment to fuel recovery
New details of reforms vital to keeping the lights on and emissions and bills down.
- Government action to unlock up to £110 billion energy infrastructure investment and support up to 250,000 jobs by 2020
- Capacity Market to be initiated in 2014 to bring on gas and other flexible electricity supply to meet future demand and reduce risks to security of supply from winter 2018
- Renewable Strike Prices to help renewables contribute more than 30% of total power by 2020
The potential scale of investment, growth and job opportunities available in the energy economy was made clear recently as Cabinet Ministers announced new details of reforms vital to keeping the lights on and emissions and bills down.
Click here for full press release
