|Policy Type:||Policy Support>Institutional creation, Policy Support|
|Policy Target:||Energy Utilities, Multi-Sectoral Policy|
|Agency:||Department of Energy and Climate Change (DECC)|
Introduced in January 2008, the Energy Bill became law on 26 November 2008. The Act contained the legislative provisions required to implement UK energy policy following the publication of the Energy Review 2006 and the Energy White Paper 2007.
Key elements of the Act are as follows:
Carbon Capture and Storage: creating a regulatory framework to enable private sector investment in CCS projects.
Renewables: Strengthening the Renewables Obligation to drive greater and more rapid deployment of renewables in the UK. The Act also enables the government to introduce feed-in tariffs to support the development of renewable and low-carbon energy sources up to 5 MW. It also allowed for the Secretary of State to introduce financial mechanisms in support of renewable heat production, from industry to households.
Smart Meters: allow the Secretary of State to modify electricity and gas distribution and supply licences to require the licence holder to install, or facilitate the installation of, smart meters to different customer segments, including the domestic sector.
Renewable Heat Incentive: allowing the Secretary of State to establish a financial support mechanism for renewable heat, from large industrial sites down to the household level.
|Related policies:||Energy Act 2004 , Energy Act 2010 , Renewable Heat Incentive (RHI) for domestic and non-domestic generators , Planning and Energy Act 2008|
|This record is superseded by:||Electricity Market Reform (EMR)|
In order to download full version of the UK Energy Act 2008 please, click here.
Last modified: Thu, 30 Jul 2015 11:51:23 CEST