The UK's far-reaching energy plan: not perfect, but the only realistic road to decarbonisation

By Jonathan Lane

Some of the key provisions of the UK government's draft energy bill, released in May 2012, have come under sharp criticism. This applies in particular to the new scheme aimed at supporting investment in low-carbon generation (nuclear power and renewable energy), which will give producers government-guaranteed prices for their output. Yet, according to independent energy analyst Jonathan Lane, the government has little choice but to go ahead with its plan if it is to deliver on its decarbonisation agenda. The main problem will be in getting the details right once the bill is passed in the second half of 2012.

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