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Brexit Effect On Renewable Energy
Views: 341
Jun 24 2016 06:25 PM | eds in Economy & Politics
Despite of where one stands in the referendum debate,
. . . the fact is that the UK’s energy policy was always made in
. . . London, not in Brussels.
UK’s electricity sector, is governed by the Electricity Market Reform (EMR),
. . . all electricity investments are publicly subsidized:
. . . . . . Fossil-fuel sectors receive subsidies via the capacity market, and
. . . . . . Renewable energy sector via the Contracts for Difference (CfDs) scheme,
. . . where all power investments need to be decided by the UK government.
6-24-2016 Source: Brexit effect on Renewable Energy
. . . the fact is that the UK’s energy policy was always made in
. . . London, not in Brussels.
UK’s electricity sector, is governed by the Electricity Market Reform (EMR),
. . . all electricity investments are publicly subsidized:
. . . . . . Fossil-fuel sectors receive subsidies via the capacity market, and
. . . . . . Renewable energy sector via the Contracts for Difference (CfDs) scheme,
. . . where all power investments need to be decided by the UK government.
6-24-2016 Source: Brexit effect on Renewable Energy