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Electricity Market Reform

Source: 
eGov Monitor
Accessibility: 
Publicly available

Energy Minister Fergus Ewing today urged the UK Government to set up a Ministerial Group to oversee delivery and implementation of fundamental and far-reaching reforms to the UK electricity market. At a meeting between the UK Government and the three devolved administrations, Mr Ewing argued that new electricity trading arrangements can only be effective if there is a constructive partnership between Governments. He stressed that the Scottish Government supports the case for reform of the Electricity Market, and highlighted the benefits that devolved powers have brought to developing electricity sector strengths in Scotland and other parts of the UK. He suggested that the current proposals need careful and detailed consideration on how they can best apply in the different parts of the UK market, including the implementation of a Capacity Mechanism, exemptions in the proposed Carbon Price Floor to encourage Carbon Capture and Storage, and an extension to the current Scottish Renewables Obligation system until new arrangements for supporting renewable energy projects in Scotland can be put in place.

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