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The UK Spending Review from an energy perspective

The UK Spending review that took place. The headline of a BBC article mentions the fact that energy will receive an “infrastructure boost”.

Looking at the actual speech (which you can see in all sorts of places including on the Spectator website here), we see a renewed commitment to a “carbon friendly” strike price for appropriate generation (for the feed in tariff with CfD part of the Energy Bill). 

In the official document all we really see (on page 47) is a re commitment and a reminder that funds will be raised from a levy.  

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Let’s see how it all unfolds.

Updated FCA Page on EMIR for NFCs

Published 27 June 2013