U.K. Nuclear Push Gains With Bill to Revamp Power Market
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U.K. lawmakers began considering legislation today that will revamp electricity markets, part of a 110 billion-pound ($176 billion) effort to spur construction of nuclear, gas and wind power plants.
“The Energy Bill will attract investment to bring about a once-in-a-generation transformation of our electricity market, moving from predominantly a fossil-fuel to a diverse low-carbon generation mix,” Energy Secretary Ed Davey told lawmakers in Parliament today to introduce the legislation.