{"id":70235,"date":"2016-05-06T06:01:00","date_gmt":"2016-05-06T06:01:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=7ae515fd87d0a51dfa54e8c2ee2300b5"},"modified":"2016-05-06T06:01:00","modified_gmt":"2016-05-06T06:01:00","slug":"news-story-securing-the-uks-electricity-supply","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=70235","title":{"rendered":"News story: Securing the UK\u2019s electricity supply"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The Government is taking action to ensure the UK\u2019s long-term energy security as it builds a system of energy infrastructure fit for the 21st century. <\/p>\n<p>Following a consultation launched in March, a package of reforms to the Capacity Market has been confirmed.  The Capacity Market is the UK\u2019s principal tool to ensure we have secure supplies of electricity. <\/p>\n<p>It is driving down costs and securing electricity at the lowest possible price for bill-payers.  It gives market participants a payment to ensure there is enough electricity available during peak times in the winter.<\/p>\n<p>Responses to the March consultation reflected clear support from industry and investors for three key reforms which will ensure the Capacity Market continues to deliver energy security: <\/p>\n<ul>\n<li>Buying more electricity and buying it earlier;<\/li>\n<li>Toughening sanctions for firms which go back on their Capacity Market agreements;<\/li>\n<li>Bringing forward the Capacity Market by one year to the winter of 2017\/2018.<\/li>\n<\/ul>\n<p>In light of these responses, the Government has set out its <a href=\"https:\/\/www.gov.uk\/government\/consultations\/consultation-on-reforms-to-the-capacity-market-march-2016\">intention<\/a> to hold an auction this winter for delivery in 2017\/2018 and will proceed with its other core proposals in the consultation, giving both bill-payers and the energy industry more certainty for the coming winters.   <\/p>\n<p>This will better safeguard our energy security so we can protect families and businesses from spikes in energy costs in the future.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Government is taking action to ensure the UK\u2019s long-term energy security as it builds a system of energy infrastructure fit for the 21st century.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/70235"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70235"}],"version-history":[{"count":2,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/70235\/revisions"}],"predecessor-version":[{"id":70271,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/70235\/revisions\/70271"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}