CCC responds to the Electricity Market Reform consultation – 8 March 2011

In a letter to Chris Huhne, the CCC today welcomed the Government’s proposed reforms to the electricity market. Specifically, the Committee agreed that basing the new arrangements on long-term contracts for low carbon capacity / generation would provide more certainty for investors, and drive down the cost to consumers. The Committee also highlighted four key points from its recent 4th Budget report to be considered in the context of developing more detailed proposals in the forthcoming White Paper.