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Industry analysts react to UK electricity market reforms


Environmental Finance is the only global monthly magazine covering the ever-increasing impact of environmental issues on the lending, insurance, investment and trading decisions affecting industry. Today, the magazine covers a selection of the key responses to the UK’s electricity market reform (EMR), announced yesterday.

“When feed-in tariffs are being amended less than a year after introduction, and the Renewable Obligation regime is under review before being superseded with a replacement regime post the outcome of the EMR, investors in renewable energy are facing a particularly uncertain time; not helpful when the level of investment in renewables needs to be urgently ramped up.”  Ben Warren, partner and head of Renewable Energy at Ernst & Young.

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Off-shore Wind Farm Turbine
Offshore wind turbine, Thames Estuary.