16 September 2014
Back in 2011, faced with the impending closure of coal and nuclear generation, the UK Government had the unenviable task of shaping a policy able to deliver a reliable, low carbon energy supply for the UK market, whilst also minimising bottom line cost. In a world so susceptible to rapid changes in technological and political will, negotiating the minefield of long term energy policy is fraught with difficulties. Despite a raft of new tools and controls to help manage the system, and stronger distributed generation against a backdrop of falling electricity demand, the need to reduce the UK’s carbon intensity brought policy intervention to the fore. With that, what we now know as Electricity Market Reform (EMR) was born.