UK power execs debate $325 billion investment requirement
An uphill struggle
The UK power generation industry is facing exceptional times, with power demand soaring, creaking generation in need of replacement and stringent EU targets mandating greater renewables use coming on line soon.
Against this backdrop the Department of Energy and Climate Change (DECC) is preparing the UK’s electricity market reform (ERM), a set of policies designed to encourage investment in UK electricity infrastructure over the next few decades, in particular nuclear and offshore wind. The
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