Tag Archives: electricity market reform

Chris Huhne MP

Chris Huhne MP writes: Electricity market reform: keeping the lights on in the cheapest, cleanest way

By Chris Huhne MP | Wed 20th July 2011 - 10:42 am

Last week I unveiled the coalition government’s proposals for the most radical reform of the electricity market since privatisation in the 1980s. The plans set out in the White Paper aim to keep the UK’s lights on and consumer bills down and shift the economy away from a high-risk, high-carbon future.

With a quarter of the UK’s generating capacity shutting down over the next ten years, as old coal and nuclear power stations close, it’s clear that we have a Herculean task ahead of us. Over the next ten years, more than £110bn in investment is needed to build the …

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