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Clifford Chance Comment: Electricity Reform White Paper - Increasing Investor Confidence
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DECC's new Electricity Reform White Paper marks a milestone in the Government's complex plans to guarantee security of electricity supply, increase renewable electricity generation, whilst keeping electricity affordable. There is still a lot of work to be done by the Government to create a clear and stable investment environment to encourage funds to flow at the scale and pace needed to "keep the lights on". However, potential investors should nevertheless be encouraged that the Government is sending the right signals to the market. This briefing looks at the main proposals in the White Paper.
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