Green Energy Parks’ Managing Director Chris Williams welcomes the proposed Electricity Market ReformsFollowing the announcement made today by the Rt Hon Chris Huhne MP, Green Energy Parks’ (GEP) Managing Director Chris Williams made the following statement:

“Today’s announcement has been a long time coming and we welcome the measures outlined by the Secretary of State, which pave the way for reform of the electricity market.

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“For some time now we have, as a nation, talked of the need for transition to a low carbon economy, however we have not had adequate incentives or support in place to achieve this.

“I am proud that we were the first country to put binding carbon reduction targets into law and today’s announcement marks a step forward in our ability to meet them.

“Green Energy Parks particularly supports the introduction of a carbon price floor and ‘contract for difference’ Feed in Tariffs, which will give industry the confidence and guaranteed stability it needs to drive forward development in the renewables sector.

“We do face insecurity of supply in the future and that is exactly why these measures cannot come soon enough for all of us. This is the ‘seismic shift’ we have been waiting for.

“We need to embrace these reforms and start to build a renewable energy base in this country that is sustainable and diverse, encompassing wind, wave, biomass and combined heat and power”

ENDS

For more information on GEP please contact the Press Office on 07590 477 985 or visit the website at www.greenenergyparks.co.uk

Notes for Editors

• Peterborough Renewable Energy Ltd (PREL), a subsidiary of Green Energy Parks, gained planning permission from the Government to build the UK’s first truly sustainable 80MW Energy Park for Peterborough in 2009 and has always championed a zero waste to landfill approach.

• Through a combination of advanced recycling technology, biomass gasification and plasma vitrification, GEP’s model succeeds in maximising recycling and realising the renewable energy potential in waste in a sustainable way.

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