Govt denies electricity market reforms to be delayed - 03/05/2012
The government has denied a report that suggested planned reforms to the electricity market intended to encourage the generation of green cheap energy will be delayed.
It had been claimed by the BBC that the bill would be put back due to officials needing more time to ensure the complicated legislation is drafted correctly.
However, a spokeswoman for the Department of Energy and Climate Change was quoted by the news provider as saying this is "categorically untrue".
She added: "We are committed to legislating for electricity market reform in the forthcoming session of Parliament."
It is expected the bill will be unveiled in next week's Queen's Speech and include a range of measures intended to drive up to £200 billion of investment in the UK's energy industry over the next ten years, BusinessGreen noted.
Proposals are thought to include new incentives for businesses to switch energy supplies to low-carbon sources and measures to stimulate the development of offshore wind farms, biomass reactors and nuclear plants.
If you want to find out more about your energy options and how you could save hundreds of pounds in minutes, click here.
Share this story with your friends:-
Save up to £300 on your gas & electricity bills at energyhelpline.com
Compare prices from all energy suppliers to find your best deal