United Kingdom:

Britain on the 'Cusp of an Energy Renaissance' (Power Engineering International)

(Courtesy CIA.gov)

UK Energy Secretary Ed Davey Wednesday said "we are on the cusp of a renaissance in British energy" after unveiling the government's long-awaited Energy Bill (PDF).

Speaking to journalists after he had addressed the House of Commons, Davey said the Bill had “given industry and investors exactly what they need – consensus and political certainty.”

Earlier he had told Parliament that “the UK is open for energy investment”.

“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.

“The Bill will support the construction of a diverse mix of renewables, new nuclear, gas and CCS, protecting our economy from energy shortfalls and significantly decarbonising our electricity supply by the 2030s as part of global efforts to tackle climate change.”

Read More.....