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Follow on Google News | Queen announces next year CCS proposalThe Queen sets out CCS proposal in her speech this morning providing the legislative agenda for the year ahead, reports Envido.
By: Envido There are two power stations left in the government's competition to fund a post-combustion CCS power plant to be operational by 2014. The money will help the government to fund the construction of a further three plants before 2016. The bill is also expected to give regulator Ofgem more power to intervene to force down utility prices. Ofgem is the Office of the Gas and Electricity Markets in charge of protecting consumers by promoting competition and regulating the monopoly companies which run the gas and electricity networks. CCS proposals will help vulnerable households and energy bills The Queen said that the legislation will support carbon capture and storage (CCS) and help more vulnerable households with energy bills. According to critics, the CCS and flood proposals are not likely to be pushed through parliament before the next summer elections. Conservative peers have said they will slow legislation as much as possible in the House of Lords. # # # Envido is an energy and carbon solutions firm who provide a fully integrated and comprehensive set of products and services to successfully manage your carbon journey. We cover carbon consultancy, programme management, and technology and behavioral change delivery that have enabled clients both large and small across the public and private sectors to save millions of £'s through improved energy and carbon management. http:/www.envido.co.uk End
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