U.K. Offers Renewables Support Ahead of Reforms to Stem Delays
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Britain will offer renewable energy developers contracts for the power they generate ahead of electricity market reforms due to go into force next year to avoid delays that may threaten the U.K.’s low-carbon ambitions.
The government will provide so-called investment contracts to successful applicants in Autumn to encourage early decisions on projects, the Department of Energy and Climate Change said today in a statement inviting developers to apply.