UK power chiefs call for more clarity on UK’s Electricity Market Reform

With the UK's power sector estimated to need some £200 billion ($317 billion) worth of investment in the next 10-15 years, much is riding on the Electricity Market Reform, which so far lacks detail, say top power executives

electricity-pylons

Top UK power executives expressed concern this week about the lack of clarity over the UK's future energy policy, most of which is centred around the UK Electricity Market Reform (EMR).

An EMR white paper released in July by the Department of Energy and Climate Change (DECC) details policies designed to encourage investment in UK electricity infrastructure over the next few decades, in particular nuclear and offshore wind power. It is estimated that some £200 billion ($317 billion) will be

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