Implementation of Electricity Market Reform

The Government’s Electricity Market Reform (EMR) aims to decarbonise electricity generation and keep the lights on, while minimising the cost of electricity to consumers. Initiated in 2010, it puts in place measures to help attract the £110 billion investment which is needed to replace current generating capacity and upgrade the grid by 2020, as well … Show more

The Government’s Electricity Market Reform (EMR) aims to decarbonise electricity generation and keep the lights on, while minimising the cost of electricity to consumers. Initiated in 2010, it puts in place measures to help attract the £110 billion investment which is needed to replace current generating capacity and upgrade the grid by 2020, as well as cope with a rising demand for electricity. EMR was designed to transform the UK electricity sector to one in which low-carbon generation can compete with conventional, fossil-fuel generation, paving the way towards a cleaner and more sustainable energy mix. Show less