Green Energy Parks’ Managing Director Chris Williams welcomes the proposed Electricity Market Reforms

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Following 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.

“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”

Source: www.greenenergyparks.co.uk

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