Energy bill: raise renewable energy

The government will publish its long-awaited draft energy bill later on, intended to support major speculation in clean energy production and help boost security of supply. They will also initiate an Emissions Performance Standard, intended to avoid the construction of novel, dirty coal plant life. More precision is desirable over the government's long-term strategy, mainly how it will attain stringent C02 reduction targets.

Nuclear power had formed a main part of the government's plans to raise clean power production to help out hit its goal of reducing carbon dioxide emissions by 80%. The opinion of the Department of Energy and Climate Change (DECC) is that £110bn of investment over the next decade is required to boost current production. This bill will also offer for a capacity mechanism, effectively payments to power stations to make sure there is sufficient and reliable capability to meet demand.

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