This report provides supporting information for the Committee’s 2015 Power sector scenarios for the fifth carbon budget report. It was written by Nera.
It looks at the effects of the changes taking place within the UK electricity industry, specifically:
- the Electricity Market Reform (EMR) programme
- the Contract for Difference (CFD)
- Feed-in Tariffs (FIT) schemes
- the Capacity Market (CM)
The report draws on a modelling report produced in parallel by Imperial College London, which should be read alongside this report.