Following the Draft Energy Bill announcement a CCC Spokesperson has said:
“We welcome this draft legislative framework which takes forward our recommendations on arrangements to provide revenue security for investment in low carbon power generation technologies.
“It’s what’s needed to bring forward investments at least cost to the consumer. There are questions around the level of ambition for EMR, and on this the Government needs to be clearer- that the aim is to achieve early power sector decarbonisation through investment in a portfolio of low carbon technologies.
“And there are many detailed questions around implementation which should be addressed over the coming months. We will provide a full response in our Progress Report to Parliament at the end of June.”