Clifford Chance

UK Electricity Market Reform: Some more technical detail announced

21 December 2011

Following July's Electricity Market Reform White Paper, the Department of Energy and Climate Change (DECC) has now published a technical update paper giving some additional detail on the reforms, in particular on the Capacity Mechanism, the institutional framework and the Renewables Obligation transition. In addition, the paper invites expressions of interest from projects which seek early comfort on the Feed-in Tariff reforms to enable low carbon investment decisions to be taken. The reforms are still a work-in-progress with much detail still to be developed over the next couple of years. This briefing provides a summary of the major new details announced.

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