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Meeting the challenge: designing effective policy for climate change in the electricity sector

Grant reference: RES-189-25-0155

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Working paper details

Reforming competitive electricity markets to meet environmental targets
The UK and other EU countries are concerned to deliver secure, sustainable and affordable electricity, to meet challenging targets for decarbonisation and renewable energy. The UK Government has consulted and concluded that the present electricity market arrangements will not deliver all three goals, and has proposed a major Electricity Market Reform (EMR). This article describes the reasons for, and the nature of, the EMR, pointing to the need for further market and institutional reforms.
http://www.eprg.group.cam.ac.uk/wp-content/uploads/2011/08/EPRG-1126_complete1.pdf
English

Primary contributor

Author D. Newbery

Additional details

1126
EPRG
31 August 2011
Cambridge
EPRG working paper

Cite this outcome

Harvard

Newbery, D (2011) Reforming competitive electricity markets to meet environmental targets. 1126. Cambridge: EPRG.

Vancouver

Newbery D. Reforming competitive electricity markets to meet environmental targets. 1126. Cambridge: EPRG; 2011.