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Reforms to the UK’s electricity market to drive low carbon investment and boost energy security took another step forward today with the announcement of key decisions to help shape the future energy landscape. Energy and Climate Change Secretary The Rt Hon Chris Huhne MP said: “Today marks a milestone in delivering the reforms we need to move to a low carbon economy while keeping the lights on and costs for consumers down. “The UK faces a huge energy investment challenge over the coming years, with a fifth of our generating capacity coming to the end of its working life and electricity demand set to double.
Thank you for the introduction. And thank you, Bill, for such a thought-provoking presentation and for Ernst & Young’s valuable contribution to this crucial policy area on behalf of SmartGrid GB. In the ten months since I spoke at this group’s launch, it has grown to a membership of 23 companies from across the value chain, and developed a programme of work dedicated to informing the debate around the future of Britain’s energy networks. SmartGrid GB is the only independent cross-industry group dedicated to informing the smart grid debate in Britain, and it is this quality that explains why DECC and Ofgem have been so keen to work with it. Today I want to address some of Bill’s points in more detail and also spend some time updating you on current activities in my Department.
Latest news On Tuesday 26th March 2013, the Department of Energy and Climate Change announced an extension to the Renewable Heat Premium Payment ( RHPP ) scheme. It is very important that vouchers already issued by the Energy Saving Trust ( EST ) for the RHPP Phase 2 household scheme are redeemed by Friday 5 April 2013 as this is the date of expiration. Renewable equipment must be commissioned by 31 March 2013 at the latest. If you currently hold a voucher, it will expire on 31st March 2013. You can apply for a new one from 1 April 2013 when EST will begin issuing vouchers under the householder scheme extension.